Plan Snapshot
- Plan Sponsor: Terra Holdings Dba Bhs Holdings, LLC
- Sponsor EIN: 133809960
- Sponsor Address: 770 LEXINGTON AVE, NEW YORK, NY, 100658165
- Plan Type: 401(k)
- Total Participants: 429
- Total Assets: $64.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 429 | $64.8M | $126,057 | $4.2M |
| 2023 | 443 | $59.8M | $156,874 | $4.2M |
| 2022 | 463 | $51.7M | $154,776 | $3.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $107,306 | — | $107,306 |
| MORGAN STANLEY GLOBAL | INVESTMENT ADVISORY | $37,574 | — | $37,574 |
| MORGAN STANLEY GLOBAL | INVESTMENT ADVISORY | $35,882 | — | $35,882 |
| CITRIN COOPERMAN & COMPANY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL — INVESTMENT ADVISORY
- MORGAN STANLEY GLOBAL — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $180,762
- Estimated Expense Ratio: 0.279% 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 | $157,360 | $50,054 | $107,306 | — | — |
| 2023 | $102,779 | $2,850 | $99,929 | — | — |
| 2022 | $97,607 | — | $97,607 | — | — |