Plan Snapshot
- Plan Sponsor: Bld Connection, INC.
- Sponsor EIN: 411676811
- Sponsor Address: 701 DECATUR AVENUE N, SUITE 105, GOLDEN VALLEY, MN, 55427
- Plan Type: 401(k)
- Total Participants: 268
- Total Assets: $17.1M
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 | 268 | $17.1M | $858,333 | $1.3M |
| 2023 | 295 | $20.3M | $1.2M | $1.3M |
| 2022 | 266 | $17.6M | $902,612 | $1.3M |
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 |
|---|---|---|---|---|
| OLSEN THEILEN & COMPANY, LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OLSEN THEILEN & COMPANY, LTD — 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 | $168,618 | $122,182 | — | — | — |
| 2023 | $170,541 | $1,290 | $157,684 | $11,567 | — |
| 2022 | $152,558 | — | $152,558 | — | — |