Plan Snapshot
- Plan Sponsor: Business Valuation Advisors, LLC Dba Bva Group LLC
- Sponsor EIN: 061762342
- Sponsor Address: 7250 DALLAS PARKWAY, PLANO, TX, 75024
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 49
- Total Assets: $36,050
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. |
|---|---|---|---|---|
| 2025 | 49 | $36,050 | $0 | $0 |
| 2024 | 47 | $27,376 | $536,040 | $144,037 |
| 2023 | 52 | $802 | $46,575 | $8,295 |
| 2022 | 52 | $26,667 | $520,674 | $92,510 |
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 |
|---|---|---|---|---|
| FROST INSURANCE AGENCY, INC. - TEXA | Investment Advisor | $22,440 | — | $22,440 |
| THE BENECON GROUP | Investment Advisor | $18,120 | — | $18,120 |
| INDEPENDENCE ADMINISTRATORS (IA) | Other Service Provider | $10,376 | — | $10,376 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,936
- Estimated Expense Ratio: 141.293% 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 |
|---|---|---|---|---|---|
| 2025 | $826,502 | — | — | — | — |
| 2024 | $555,033 | — | — | — | — |
| 2023 | $203,037 | — | — | — | — |
| 2022 | $719,733 | — | — | — | — |