Plan Snapshot
- Plan Sponsor: North Bay Builders Exchanges, INC.
- Sponsor EIN: 454745482
- Sponsor Address: 660 LAS GALLINAS AVE, SAN RAFAEL, CA, 94903
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 674
- Total Assets: $2.9M
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. |
|---|---|---|---|---|
| 2024 | 674 | $2.9M | $8.1M | $0 |
| 2023 | 192 | $2.7M | $7.6M | $0 |
| 2022 | 800 | $3.2M | $8.1M | $0 |
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 |
|---|---|---|---|---|
| BLUE CROSS OF CALIFORNIA | Other Service Provider | $38,158 | — | $38,158 |
| VENBROOK INSURANCE SERVICES | Other Service Provider | — | $22,190 | $22,190 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,348
- Estimated Expense Ratio: 2.065% 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 | $595,790 | — | $177,819 | — | — |
| 2023 | $545,334 | — | $158,433 | — | — |
| 2022 | $575,015 | — | $177,620 | — | $80,644 |