Plan Snapshot
- Plan Sponsor: Bhate Environmental Associates, INC.
- Sponsor EIN: 631035702
- Sponsor Address: 1608 13TH AVENUE SOUTH, SUITE 300, BIRMINGHAM, AL, 352055573
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $15.1M
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 | 119 | $15.1M | $365,708 | $595,310 |
| 2023 | 139 | $13.9M | $367,966 | $572,410 |
| 2022 | 134 | $12.3M | $370,496 | $597,476 |
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 |
|---|---|---|---|---|
| SENTINEL BENEFITS GROUP, LLC | Recordkeeper | $5,134 | — | $5,134 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SENTINEL BENEFITS GROUP, LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,134
- Estimated Expense Ratio: 0.034% 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 | $5,726 | — | — | — | — |
| 2023 | $2,275 | — | — | — | — |
| 2022 | $5,100 | — | — | — | $5,100 |