Plan Snapshot
- Plan Sponsor: Board Of Trustees-Bricklayers Local No 1 Of Richmond Fund
- Sponsor EIN: 546060633
- Sponsor Address: LAWRENCE C MUSGROVE ASSOCIATES, INC, SALEM, VA, 241531769
- Plan Type: DB
- Total Participants: 12
- Total Assets: $223,854
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. |
|---|---|---|---|---|
| 2024 | 12 | $223,854 | $0 | $0 |
| 2023 | 14 | $205,446 | $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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $13,150 | — | $13,150 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,150
- Estimated Expense Ratio: 5.874% 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 | $101,795 | — | — | $13,150 | — |
| 2023 | $113,322 | — | — | — | $58,082 |