Plan Snapshot
- Plan Sponsor: Bmaddox Enterprises LLC
- Sponsor EIN: 202723856
- Sponsor Address: 4901 NORTH 4TH AVENUE, SIOUX FALLS, SD, 57104
- Plan Type: 401(k)
- Total Participants: 171
- Total Assets: $3.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 171 | $3.6M | $421,741 | $679,204 |
| 2023 | 248 | $2.1M | $301,969 | $544,071 |
| 2022 | 259 | $900,762 | $211,037 | $355,851 |
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 |
|---|---|---|---|---|
| BRADY MARTZ & ASSOCIATES, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BRADY MARTZ & ASSOCIATES, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $4,916 | — | $4,916 | — | — |
| 2023 | $12,083 | — | $12,083 | — | — |
| 2022 | $6,298 | — | $6,298 | — | — |