Plan Snapshot
- Plan Sponsor: Builders Firstsource, INC.
- Sponsor EIN: 522084569
- Sponsor Address: 7 SHATTUCK ROAD, ANDOVER, MA, 01810
- Plan Type: 401(k)
- Total Participants: 31,456
- Total Assets: $1.7B
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 | 31,456 | $1.7B | $34.6M | $104.3M |
| 2023 | 29,845 | $1.6B | $33.1M | $100.4M |
| 2022 | 30,738 | $1.3B | $32.7M | $100.0M |
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 |
|---|---|---|---|---|
| ROMEO, WIGGINS & COMPANY, LLP | 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 | $1,467,136 | $7 | — | — | — |
| 2023 | $1,312,723 | $875 | — | $32,015 | — |
| 2022 | $1,286,069 | $71,279 | — | — | $60,303 |