Plan Snapshot
- Plan Sponsor: Bonded Lightning Protection Systems, Ltd
- Sponsor EIN: 752851023
- Sponsor Address: 122 LEESLEY LANE, ARGYLE, TX, 76266
- Plan Type: 401(k)
- Total Participants: 176
- Total Assets: $10.4M
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. |
|---|---|---|---|---|
| 2024 | 176 | $10.4M | $326,605 | $265,408 |
| 2023 | 145 | $8.9M | $208,644 | $257,765 |
| 2022 | 144 | $7.7M | $114,359 | $269,661 |
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 |
|---|---|---|---|---|
| HSPG ASSOCIATES PC | Auditor | — | — | $0 |
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 | $48,843 | — | $48,843 | — | — |
| 2023 | $52,618 | $50,080 | $2,538 | — | — |
| 2022 | $55,054 | — | $55,054 | — | — |