Plan Snapshot
- Plan Sponsor: Buckingham Manufacturing Company, INC.
- Sponsor EIN: 161290727
- Sponsor Address: 1 11 TRAVIS AVE, BINGHAMTON, NY, 139041024
- Plan Type: 401(k)
- Total Participants: 461
- Total Assets: $22.3M
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 | 461 | $22.3M | $662,845 | $1.7M |
| 2023 | 417 | $19.1M | $911,122 | $1.7M |
| 2022 | 509 | $17.0M | $439,247 | $1.5M |
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 |
|---|---|---|---|---|
| NORTHWESTERN MUTUAL WEALTH MGMT CO | ADVISOR | $47,939 | — | $47,939 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $40,423 | — | $40,423 |
| ENVESTNET RETIREMENT SOLUTIONS | CONSULTANT | $5,834 | — | $5,834 |
| FUSTCHARLES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTHWESTERN MUTUAL WEALTH MGMT CO — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ENVESTNET RETIREMENT SOLUTIONS — CONSULTANT
- FUSTCHARLES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,196
- Estimated Expense Ratio: 0.422% 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 | $97,221 | $50,963 | — | — | — |
| 2023 | $92,923 | $54,542 | — | — | — |
| 2022 | $94,768 | $553 | — | — | — |