Plan Snapshot
- Plan Sponsor: Building & Earth Sciences, INC.
- Sponsor EIN: 631195354
- Sponsor Address: 5545 DERBY DR, IRONDALE, AL, 352105414
- Plan Type: 401(k)
- Total Participants: 257
- Total Assets: $15.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 257 | $15.0M | $464,383 | $853,924 |
| 2023 | 230 | $11.7M | $391,077 | $721,078 |
| 2022 | 221 | $9.2M | $363,641 | $657,684 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | CONTRACT ADMINISTRATOR | $34,316 | — | $34,316 |
| MERRILL LYNCH | INVESTMENT ADVISOR | $20,524 | — | $20,524 |
| AZALEA ADMINISTRATION | ADMINISTRATOR | $9,063 | — | $9,063 |
| BLACK & PINCKARD LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — CONTRACT ADMINISTRATOR
- MERRILL LYNCH — INVESTMENT ADVISOR
- BLACK & PINCKARD LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,903
- Estimated Expense Ratio: 0.427% 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 | $56,716 | $56,716 | — | — | — |
| 2023 | $41,650 | $41,650 | — | — | — |
| 2022 | $31,974 | $31,974 | — | — | — |