Plan Snapshot
- Plan Sponsor: Best Contracting Services, INC.
- Sponsor EIN: 953781209
- Sponsor Address: 19027 S. HAMILTON AVENUE, GARDENA, CA, 90248
- Plan Type: DC
- Total Participants: 87
- Total Assets: $7.3M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 87 | $7.3M | $1.3M | $256,205 |
| 2023 | 106 | $5.7M | $0 | $133,270 |
| 2022 | 102 | $4.9M | $0 | $146,920 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH LIFE AGENCY, INC. | INVESTMENT ADVISORY-PLAN | $10,298 | — | $10,298 |
| TRANSAMERICA FINANCIAL LIFE INSURAN | RECORDKEEPER | $5,983 | — | $5,983 |
| POOLER CPA GROUP, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH LIFE AGENCY, INC. — INVESTMENT ADVISORY-PLAN
- TRANSAMERICA FINANCIAL LIFE INSURAN — RECORDKEEPER
- POOLER CPA GROUP, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,281
- Estimated Expense Ratio: 0.222% 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 | $51,542 | $30,692 | $2,940 | — | — |
| 2023 | $49,109 | $28,955 | — | — | — |
| 2022 | $43,179 | $28,184 | $14,375 | — | $620 |