Plan Snapshot
- Plan Sponsor: Primesource Building Products, INC.
- Sponsor EIN: 752751831
- Sponsor Address: 1321 GREENWAY DRIVE, IRVING, TX, 75038
- Plan Type: 401(k)
- Total Participants: 2,321
- Total Assets: $188.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,321 | $188.7M | $6.7M | $12.7M |
| 2023 | 2,068 | $163.9M | $5.3M | $10.3M |
| 2022 | 1,778 | $139.6M | $5.1M | $9.9M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $288,655 | $98 | $288,753 |
| PROVENANCE WEALTH ADVISORS | SERVICE PROVIDER | — | $141,972 | $141,972 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $430,725
- Estimated Expense Ratio: 0.228% 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 | $288,655 | — | $273,355 | — | — |
| 2023 | $251,982 | — | $241,032 | — | — |
| 2022 | $225,648 | — | — | — | — |