Plan Snapshot
- Plan Sponsor: Builders Exchange Of The Southern Tier, INC.
- Sponsor EIN: 160810677
- Sponsor Address: 202 WEST FOURTH STREET, JAMESTOWN, NY, 147014982
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 218
- Total Assets: $20.5M
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 | 218 | $20.5M | $2.7M | $530,647 |
| 2023 | 210 | $20.1M | $2.5M | $555,257 |
| 2022 | 243 | $19.3M | $2.7M | $559,683 |
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 |
|---|---|---|---|---|
| ELLIE MUNSON | Other Service Provider | $84,179 | — | $84,179 |
| CASSANDRA WHITNEY | Other Service Provider | $58,099 | — | $58,099 |
| DANIELLE MARSH | Other Service Provider | $54,801 | — | $54,801 |
| O'SULLIVAN ASSOCIATES | Other Service Provider | $38,200 | — | $38,200 |
| TRONCONI SEGARRA & ASSOCIATES LLP | Other Service Provider | $33,366 | — | $33,366 |
| JBM COMPUTER CONSULTING | Other Service Provider | $30,574 | — | $30,574 |
| PCA TECHNOLOGY GROUP | Other Service Provider | $27,022 | — | $27,022 |
| LIPSITZ, GREEN, SCIME, CAMBRIA LLP | Other Service Provider | $8,014 | — | $8,014 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $334,255
- Estimated Expense Ratio: 1.627% 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 | $495,804 | — | $5,602 | $33,366 | — |
| 2023 | $490,092 | — | $5,438 | $47,714 | — |
| 2022 | $482,667 | — | $5,280 | — | $124,653 |