Plan Snapshot
- Plan Sponsor: Builtwell Bancorp INC.
- Sponsor EIN: 621104098
- Sponsor Address: 728 BROAD STREET, CHATTANOOGA, TN, 37402
- Plan Type: 401(k)
- Total Participants: 246
- Total Assets: $22.0M
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 | 246 | $22.0M | $646,313 | $1.2M |
| 2023 | 274 | $19.8M | $642,266 | $1.2M |
| 2022 | 268 | $16.2M | $620,343 | $1.0M |
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 |
|---|---|---|---|---|
| MAULDIN & JENKINS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MAULDIN & JENKINS LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $97,323 | $15,421 | $80,952 | — | — |
| 2023 | $84,058 | $15,151 | $68,057 | — | — |
| 2022 | $87,364 | — | — | — | — |