Plan Snapshot
- Plan Sponsor: Bennett Lumber Products, INC.
- Sponsor EIN: 910726966
- Sponsor Address: 3759 HIGHWAY 6 PO BOX 130, PRINCETON, ID, 83857
- Plan Type: 401(k)
- Total Participants: 210
- Total Assets: $32.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 210 | $32.0M | $638,243 | $1.1M |
| 2023 | 205 | $30.5M | $633,815 | $1.1M |
| 2022 | 204 | $29.1M | $636,280 | $1.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRESNELL GAGE CPA | Auditor | $1,950 | — | $1,950 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,950
- Estimated Expense Ratio: 0.006% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $132,959 | $131,009 | — | $1,950 | — |
| 2023 | $132,694 | $119,694 | — | $13,000 | — |
| 2022 | $105,781 | — | $105,781 | — | — |