Plan Snapshot
- Plan Sponsor: Builders Mutual Insurance Co.
- Sponsor EIN: 562046050
- Sponsor Address: PO BOX 150005, RALEIGH, NC, 27624
- Plan Type: 401(k)
- Total Participants: 477
- Total Assets: $73.2M
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 | 477 | $73.2M | $3.2M | $3.1M |
| 2023 | 432 | $60.0M | $2.9M | $2.9M |
| 2022 | 421 | $49.4M | $2.6M | $2.6M |
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 |
|---|---|---|---|---|
| JOHNSON LAMBERT LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHNSON LAMBERT LLP — Auditor
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 | $15,055 | $2,399 | $12,656 | — | — |
| 2023 | $13,193 | $1,902 | $11,291 | — | — |
| 2022 | $11,167 | $1,238 | $9,929 | — | — |