Plan Snapshot
- Plan Sponsor: Blakeman Steel, INC.
- Sponsor EIN: 752208928
- Sponsor Address: 4200 BROADWAY AVENUE, FORT WORTH, TX, 76117
- Plan Type: DC
- Total Participants: 127
- Total Assets: $3.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 127 | $3.2M | $0 | $0 |
| 2023 | 158 | $3.1M | $0 | $0 |
| 2022 | 138 | $2.9M | $250,000 | $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 |
|---|---|---|---|---|
| LOCKTON INVESTMENT ADVISORS | INVESTMENT MANAGEMENT | $17,890 | — | $17,890 |
| MAP RETIREMENT | THIRD PARTY ADMIN. | $13,365 | — | $13,365 |
| MILBERN RAY & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LOCKTON INVESTMENT ADVISORS — INVESTMENT MANAGEMENT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,255
- Estimated Expense Ratio: 0.977% 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 | $33,870 | — | $33,870 | — | — |
| 2023 | $33,344 | — | $33,344 | — | — |
| 2022 | $66,411 | $552 | $65,859 | — | — |