Plan Snapshot
- Plan Sponsor: Bfs, INC.
- Sponsor EIN: 990181311
- Sponsor Address: 2810 PA'A STREET, BLDG. A, HONOLULU, HI, 96819
- Plan Type: 401(k)
- Total Participants: 626
- Total Assets: $32.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 626 | $32.2M | $361,350 | $1.2M |
| 2023 | 477 | $30.2M | $863,742 | $1.2M |
| 2022 | 460 | $24.2M | $676,965 | $1.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $37,519 | — | $37,519 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $7,410 | — | $7,410 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,929
- Estimated Expense Ratio: 0.140% 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 | $44,929 | $7,410 | — | — | — |
| 2023 | $61,131 | — | — | — | — |
| 2022 | $34,970 | — | — | — | — |