Plan Snapshot
- Plan Sponsor: Binkley & Barfield, INC.
- Sponsor EIN: 741701559
- Sponsor Address: 1710 SEAMIST DRIVE, HOUSTON, TX, 77008
- Plan Type: DC
- Total Participants: 0
- Total Assets: $1.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $1.5M | $0 | $0 |
| 2023 | 0 | $6.3M | $0 | $0 |
| 2022 | 209 | $6.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| PRINCIPAL | PLAN ADMINISTRATOR | $25,918 | — | $25,918 |
| EEPB | ACCOUNTANT | $15,000 | — | $15,000 |
| ISAACKS & ASSOCIATES | TRUSTEE | $12,000 | — | $12,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,918
- Estimated Expense Ratio: 3.455% 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 | $52,939 | — | — | — | — |
| 2023 | $44,652 | — | $13,377 | — | — |
| 2022 | $98,064 | — | $32,502 | — | $65,562 |