Plan Snapshot
- Plan Sponsor: Bmwc Constructors, INC.
- Sponsor EIN: 352032531
- Sponsor Address: 1740 WEST MICHIGAN STREET, INDIANAPOLIS, IN, 46222
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 402
- Total Assets: $92.7M
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. |
|---|---|---|---|---|
| 2025 | 402 | $92.7M | $0 | $0 |
| 2024 | 294 | $81.0M | $4.1M | $3.0M |
| 2023 | 318 | $71.4M | $2.7M | $2.7M |
| 2022 | 291 | $62.9M | $1.7M | $2.2M |
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 |
|---|---|---|---|---|
| STIFEL NICOLAUS & CO INC | Investment Advisor | — | $82,244 | $82,244 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $77,868 | — | $77,868 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $59,922 | — | $59,922 |
| RETIREMENT PLAN CONCEPTS & SERVICES | Recordkeeper | $8,412 | $10,000 | $18,412 |
| KATZ SAPPER AND MILLER LLP | Auditor | $16,250 | — | $16,250 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $254,696
- Estimated Expense Ratio: 0.275% 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 | $9,541,083 | — | $137,790 | $16,250 | — |
| 2024 | $137,864 | — | $117,244 | $10,500 | — |
| 2023 | $116,485 | — | $92,313 | $15,500 | — |
| 2022 | $131,227 | — | $131,227 | — | — |