Plan Snapshot
- Plan Sponsor: Bergen Power Pipe Supports, INC
- Sponsor EIN: 042326909
- Sponsor Address: 434 LATIGUE ROAD, WAGGAMAN, LA, 70094
- Plan Type: DB
- Total Participants: 0
- Total Assets: $3.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $3.4M | $58,000 | $0 |
| 2023 | 0 | $3.5M | $171,046 | $0 |
| 2022 | 0 | $3.3M | $0 | $0 |
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 |
|---|---|---|---|---|
| CRR, LLP | Auditor | $42,000 | — | $42,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,000
- Estimated Expense Ratio: 1.233% 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 | $195,908 | $30,911 | — | $42,000 | — |
| 2023 | $143,564 | $29,294 | — | $28,250 | — |
| 2022 | $119,607 | $31,964 | — | — | $17,500 |