Plan Snapshot
- Plan Sponsor: Tec Building Systems LLC
- Sponsor EIN: 825310876
- Sponsor Address: 4725 34TH ST FL 4, LONG ISLAND CITY, NY, 111012410
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $15.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | $15.9M | $0 | $886,021 |
| 2023 | 104 | $14.8M | $0 | $970,643 |
| 2022 | 140 | $16.1M | $374,919 | $1.0M |
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 |
|---|---|---|---|---|
| WAGNER, FERBER, FINE & ACKERMAN, PL | Auditor | — | — | $0 |
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 | $44,716 | $28,172 | $15,684 | — | — |
| 2023 | $48,164 | $29,875 | $17,429 | — | — |
| 2022 | $48,754 | $31,444 | $17,310 | — | — |