Plan Snapshot
- Plan Sponsor: Bukas Lighting Group, INC.
- Sponsor EIN: 834093820
- Sponsor Address: 3609 SWENSON AVENUE, ST. CHARLES, IL, 60174
- Plan Type: 401(k)
- Total Participants: 203
- Total Assets: $9.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 203 | $9.1M | $453,761 | $921,268 |
| 2023 | 220 | $7.6M | $409,768 | $722,570 |
| 2022 | 155 | $4.5M | $319,972 | $570,931 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL-SMS SERVICE PROVIDER | Other Service Provider | $20,233 | — | $20,233 |
| HOWARD SIMON & ASSOCIATES, INC. | Other Service Provider | $6,194 | — | $6,194 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,427
- Estimated Expense Ratio: 0.292% 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 | $26,632 | — | — | — | — |
| 2023 | $17,734 | — | — | — | — |
| 2022 | $6,575 | — | — | — | — |