Plan Snapshot
- Plan Sponsor: Fcl Builders, LLC
- Sponsor EIN: 770707737
- Sponsor Address: 1150 SPRING LAKE DR, ITASCA, IL, 60143
- Plan Type: 401(k)
- Total Participants: 264
- Total Assets: $26.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 264 | $26.0M | $443,147 | $3.0M |
| 2023 | 294 | $20.2M | $457,676 | $2.9M |
| 2022 | 313 | $16.4M | $500,935 | $2.5M |
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 |
|---|---|---|---|---|
| COMMONWEALTH FINANCIAL NETWORK | ADVISOR | $87,272 | — | $87,272 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $33,139 | — | $33,139 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $8,418 | — | $8,418 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL NETWORK — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $128,829
- Estimated Expense Ratio: 0.495% 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 | $128,829 | $95,690 | $1,200 | — | — |
| 2023 | $105,028 | $74,189 | — | $3,675 | — |
| 2022 | $98,088 | $3,568 | — | — | — |