# Builders & Contractors Supplemental Insurance Plan Trust Health & Welfare Plan
Source: https://planprovider.pro/companies/builders-contractors-supplemental-insurance-plan-trust-260782338-501

> Builders & Contractors Supplemental Insurance Plan Trust's Health & Welfare plan: 1,589 participants, plan year 2024 financials, providers, and benchmarks fr…

Form 5500 filing data for plan year 2024.

## 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|

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