Plan Snapshot
- Plan Sponsor: Bg-Ic, LLC
- Sponsor EIN: 161758404
- Sponsor Address: ONE BEACON STREET, BOSTON, MA, 02108
- Plan Type: 401(k)
- Total Participants: 1,144
- Total Assets: $110.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1,144 | $110.4M | $3.3M | $5.6M |
| 2023 | 917 | $91.9M | $2.9M | $4.8M |
| 2022 | 821 | $72.0M | $2.4M | $4.0M |
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 |
|---|---|---|---|---|
| PKF, P.C. | ACCOUNTANT/AUDITOR | $30,756 | — | $30,756 |
| MERRILL LYNCH | CONSULTANT | $22,500 | — | $22,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,256
- Estimated Expense Ratio: 0.048% 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 | -$24,002 | — | — | $30,756 | — |
| 2023 | -$37,255 | — | — | — | — |
| 2022 | -$11,479 | — | — | — | — |