Plan Snapshot
- Plan Sponsor: Builders & Contractors Supplemental Insurance Plan Trust
- Sponsor EIN: 260782338
- Sponsor Address: P.O. BOX 825, JENISON, MI, 49429
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,589
- Total Assets: $7.1M
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 | 1,589 | $7.1M | $9.1M | $0 |
| 2023 | 622 | $5.7M | $7.9M | $0 |
| 2022 | 2,946 | $5.0M | $7.3M | $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 |
|---|---|---|---|---|
| STONEHENGE CONSULTING, PLC | 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 | $773,741 | $6,101 | $547,613 | — | — |
| 2023 | $694,369 | $5,610 | $495,859 | — | — |
| 2022 | $626,909 | $5,628 | $459,619 | — | $21,243 |