# North Carolina Home Builders Association, INC. Group Insurance Trust Health & Welfare Plan
Source: https://planprovider.pro/companies/north-carolina-home-builders-association-inc-group-insurance-trust-933411350-501

> North Carolina Home Builders Association, INC. Group Insurance Trust's Health & Welfare plan: 706 participants, plan year 2024 financials, providers, and ben…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** North Carolina Home Builders Association, INC. Group Insurance Trust

- **Sponsor EIN:** 933411350

- **Sponsor Address:** 5580 CENTERVIEW DRIVE, SUITE 415, RALEIGH, NC, 27066

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 706

- **Total Assets:** $63,084

## 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|706|$63,084|$5.2M|$31,931|

## 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|

| BUSINESSOLVER|Other Service Provider|$86,940|—|$86,940|

| NCHBA|Recordkeeper|$45,080|—|$45,080|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $132,020

- **Estimated Expense Ratio:** 209.277% 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|$140,774|—|$86,940|—|—|

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