Plan Snapshot
- Plan Sponsor: Bluewater Constructors, INC.
- Sponsor EIN: 741907870
- Sponsor Address: 5337 DOW ROAD, HOUSTON, TX, 770406101
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 171
- Total Assets: $28.0M
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. |
|---|---|---|---|---|
| 2025 | 171 | $28.0M | $0 | $0 |
| 2024 | 78 | $30.4M | $0 | $0 |
| 2023 | 99 | $21.5M | $0 | $0 |
| 2022 | 92 | $28.6M | $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 |
|---|---|---|---|---|
| MELTON & MELTON, LLP | Other Service Provider | $26,500 | — | $26,500 |
| OUTLOOK FINANCIAL GROUP | Investment Advisor | $21,303 | — | $21,303 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,803
- Estimated Expense Ratio: 0.171% 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 |
|---|---|---|---|---|---|
| 2025 | $2,456,211 | $21,173 | — | $26,500 | — |
| 2024 | $44,721 | $19,677 | — | $25,000 | — |
| 2023 | $39,678 | $18,161 | — | $21,000 | — |
| 2022 | $43,832 | — | — | — | $25,489 |