Plan Snapshot
- Plan Sponsor: Building Materials Distributor, INC.
- Sponsor EIN: 953926637
- Sponsor Address: 225 ELM AVE, GALT, CA, 95632
- Plan Type: DC
- Total Participants: 799
- Total Assets: $38.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 799 | $38.4M | $10,081 | $5.1M |
| 2023 | 987 | $34.2M | $0 | $5.0M |
| 2022 | 1,076 | $28.3M | $0 | $4.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $186,818 | — | $186,818 |
| 401(K) ADVISORS INC | INVESTMENT ADVISORY | — | $84,854 | $84,854 |
| RSMUS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- 401(K) ADVISORS INC — INVESTMENT ADVISORY
- RSMUS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $271,672
- Estimated Expense Ratio: 0.707% 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 | $186,819 | — | $186,819 | — | — |
| 2023 | $29,231 | — | $29,231 | — | — |
| 2022 | $23,283 | — | $23,283 | — | — |