Plan Snapshot
- Plan Sponsor: Bhs Management Services INC.
- Sponsor EIN: 042442944
- Sponsor Address: 725 NORTH STREET, PITTSFIELD, MA, 01201
- Plan Type: 403(b)
- Total Participants: 4,276
- Total Assets: $693.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 4,276 | $693.6M | $13.7M | $30.9M |
| 2023 | 4,203 | $636.7M | $12.8M | $29.2M |
| 2022 | 4,037 | $566.0M | $12.2M | $27.9M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD KEEPER | $753,676 | — | $753,676 |
| BERKSHIRE MONEY MANAGEMENT INC | SECURITIES BROKER | $370,228 | — | $370,228 |
| CAPFINANCIAL PARTNERS LLC | INVESTMENT ADVISOR | $105,000 | — | $105,000 |
| CARON & BLETZER, PLLC | AUDITOR | $18,200 | — | $18,200 |
| WEALTH ENHANCEMENT ADVISORY SE | SECURITIES BROKER | $6,604 | — | $6,604 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD KEEPER
- CARON & BLETZER, PLLC — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,253,708
- Estimated Expense Ratio: 0.181% 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 | $1,017,284 | $245,408 | — | $18,200 | — |
| 2023 | $1,048,816 | $409,358 | — | $17,100 | — |
| 2022 | $881,128 | $78,750 | — | — | $15,900 |