Plan Snapshot
- Plan Sponsor: Bsb Design, INC.
- Sponsor EIN: 421328469
- Sponsor Address: 4601 WESTOWN PKY STE 208, WEST DES MOINES, IA, 502661030
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 249
- Total Assets: $24.1M
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 | 249 | $24.1M | $0 | $0 |
| 2024 | 176 | $21.4M | $342,151 | $1.4M |
| 2023 | 203 | $21.1M | $408,534 | $1.7M |
| 2022 | 275 | $17.7M | $433,046 | $1.7M |
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 |
|---|---|---|---|---|
| WELLS FARGO ADVISORS FIN NETWORK LL | Investment Advisor | $53,789 | — | $53,789 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $46,917 | — | $46,917 |
| MARSHALL VANDER LINDEN DBA MARSHALL | Auditor | $14,300 | — | $14,300 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,006
- Estimated Expense Ratio: 0.477% 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 | $2,751,663 | $53,789 | — | $14,300 | — |
| 2024 | $104,888 | $52,315 | — | — | — |
| 2023 | $120,161 | $58,042 | — | $14,800 | — |
| 2022 | $68,764 | — | $68,764 | — | — |