Plan Snapshot
- Plan Sponsor: Berry Bros General Contractors INC
- Sponsor EIN: 720783591
- Sponsor Address: 1414 RIVER ROAD, BERWICK, LA, 70342
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 108
- Total Assets: $225,137
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 | 108 | $225,137 | $1.8M | $506,463 |
| 2023 | 122 | $7,282 | $815,798 | $556,945 |
| 2022 | 123 | $479,754 | $797,012 | $555,169 |
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 |
|---|---|---|---|---|
| ENTRUST, LLC DBA 90 DEGREE BENEFITS | Recordkeeper | $133,349 | — | $133,349 |
| MEDICAL HELPLINE, LLC | Other Service Provider | $51,841 | — | $51,841 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $185,190
- Estimated Expense Ratio: 82.257% 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 | $113,546 | — | $113,546 | — | — |
| 2023 | $124,092 | — | $124,092 | — | — |
| 2022 | $120,074 | — | — | — | — |