Plan Snapshot
- Plan Sponsor: Better Business Bureau Of Austin,
- Sponsor EIN: 741116918
- Sponsor Address: 1805 RUTHERFORD LANE SUITE 100, AUSTIN, TX, 78754
- Plan Type: 401(k)
- Total Participants: 88
- Total Assets: $6.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 88 | $6.9M | $269,691 | $425,009 |
| 2023 | 85 | $6.0M | $236,821 | $395,782 |
| 2022 | 83 | $5.1M | $247,199 | $364,256 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $38,651 | $771 | $39,422 |
| NFP RETIREMENT INC | SERVICE PROVIDER | — | $22,137 | $22,137 |
| LBMC, PC | AUDITOR | $11,500 | — | $11,500 |
| 401K SAFE | SERVICE PROVIDER | $5,253 | — | $5,253 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC — SERVICE PROVIDER
- LBMC, PC — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,312
- Estimated Expense Ratio: 1.142% 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 | $55,404 | $8,796 | $34,608 | — | — |
| 2023 | $50,614 | $19,218 | $30,746 | — | — |
| 2022 | $48,032 | — | — | — | — |