Plan Snapshot
- Plan Sponsor: Building Material Suppliers Association
- Sponsor EIN: 826535698
- Sponsor Address: 3029 SENNA DRIVE, MATTHEWS, NC, 28105
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 151
- Total Assets: $62,281
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 | 151 | $62,281 | $2.0M | $0 |
| 2023 | 200 | $110,736 | $1.8M | $3,570 |
| 2022 | 167 | $6,188 | $1.6M | $6,359 |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | $16,799 | — | $16,799 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,799
- Estimated Expense Ratio: 26.973% 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 | $28,681 | — | — | $16,799 | — |
| 2023 | $23,906 | — | — | $15,803 | — |
| 2022 | $20,768 | — | — | — | $13,440 |