Plan Snapshot
- Plan Sponsor: Bjg Electronics, INC.
- Sponsor EIN: 112576488
- Sponsor Address: 141 REMINGTON BOULEVARD, RONKONKOMA, NY, 11779
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 332
- Total Assets: $12.7M
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. |
|---|---|---|---|---|
| 2023 | 332 | $12.7M | $107,086 | $1.1M |
| 2022 | 279 | $9.0M | $95,817 | $926,888 |
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 |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT PLAN SVCS. | Recordkeeper | $27,065 | — | $27,065 |
| MESIROW FINANCIAL INC | Investment Advisor | $16,177 | — | $16,177 |
| RETIREMENT WELLNESS GROUP LLC | Investment Advisor | $5,933 | — | $5,933 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,175
- Estimated Expense Ratio: 0.386% 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 |
|---|---|---|---|---|---|
| 2023 | $49,175 | $22,110 | — | — | — |
| 2022 | $43,183 | — | $43,183 | — | — |