# Milbern Builders Associates, INC. 401(k) Plan
Source: https://planprovider.pro/companies/milbern-builders-associates-inc-401k-plan

> Milbern Builders Associates, INC.&#39;s 401(k) plan: 109 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Milbern Builders Associates, INC.

- **Sponsor EIN:** 231649997

- **Sponsor Address:** 707 EAGLEVIEW BOULEVARD, EXTON, PA, 19341

- **Plan Type:** 401(k)

- **Total Participants:** 109

- **Total Assets:** $18.2M

## 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|109|$18.2M|$606,254|$907,378|

| 2023|106|$16.0M|$554,155|$818,640|

| 2022|104|$16.0M|$525,399|$754,480|

## 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|

| TORRILLO & ASSOCIATES, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [TORRILLO & ASSOCIATES, LLC](https://planprovider.pro/provider/torrillo-and-associates-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|$8,628|$2,394|$6,234|—|—|

| 2023|$9,571|$2,781|$6,790|—|—|

| 2022|$8,567|$2,500|$6,067|—|—|

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