# The Building Industry Electrical Contractors Association, INC. 401(k) Plan
Source: https://planprovider.pro/companies/the-building-industry-electrical-contractors-association-inc-261140509-501

> The Building Industry Electrical Contractors Association, INC.&#39;s 401(k) plan: 1,153 participants, plan year 2024 financials, providers, and benchmarks from F…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Building Industry Electrical Contractors Association, INC.

- **Sponsor EIN:** 261140509

- **Sponsor Address:** 1150 PORTION ROAD, SUITE 19, HOLTSVILLE, NY, 11742

- **Plan Type:** 401(k)

- **Plan Number:** 501

- **Total Participants:** 1,153

- **Total Assets:** $25.3M

## 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|1,153|$25.3M|$27.0M|$110,190|

| 2023|994|$19.8M|$21.4M|$92,439|

| 2022|1,056|$18.7M|$21.4M|$136,132|

## 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|

| DICKINSON GROUP LLC|Other Service Provider|$652,538|$22,611|$675,149|

| ANTHEM BLUE CROSS|Other Service Provider|$433,066|$4,305|$437,371|

| SLEVIN & HART|ERISA Attorney|$219,724|—|$219,724|

| DD SERVICES, INC.|Other Service Provider|$182,440|—|$182,440|

| AMERICAN HEALTH HOLDINGS, INC.|Other Service Provider|$79,737|—|$79,737|

| ERIC OLYNIK|Custodian / Trustee|$50,480|—|$50,480|

| FRANK RAPPO|Custodian / Trustee|$50,480|—|$50,480|

| COSTAROTHBORT CPAS LLC|Other Service Provider|$43,257|—|$43,257|

| CALIBRE CPA GROUP PLLC|Auditor|$33,493|—|$33,493|

| RAEL AND LETSON|Other Service Provider|$31,000|—|$31,000|

| FIRST ACTUARIAL CONSULTING|Other Service Provider|$30,000|—|$30,000|

| MAXORPLUS|Other Service Provider|$27,735|—|$27,735|

| OVERTURE HEALTH CARE, LLC|Other Service Provider|$26,597|—|$26,597|

| BARNES, IACCARINO & SHEPHERD LLP|Other Service Provider|$25,497|—|$25,497|

| REYNOLDS CONSULTING SERVICES|Other Service Provider|$18,625|—|$18,625|

| SAGE ADVISORY SERVICES LTD CO.|Other Service Provider|$5,916|—|$5,916|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SLEVIN & HART](https://planprovider.pro/provider/slevin-and-hart-pc) — ERISA Attorney

- [CALIBRE CPA GROUP PLLC](https://planprovider.pro/provider/calibre-cpa-group-pllc) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $1,937,501

- **Estimated Expense Ratio:** 7.654% 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|$773,101|$33,702|$200,629|$33,493|—|

| 2023|$655,601|$31,817|$225,598|$32,401|—|

| 2022|$882,624|$38,179|$303,982|—|$305,459|

## Similar Plans

- [Board Of Trustees Of The Deferred Salary Plan Of The Electrical Ind](https://planprovider.pro/companies/board-of-trustees-of-the-deferred-salary-plan-of-the-electrical-ind-plan) — 23,406 participants

- [Board Of Trustees Of The Annuity Plan Of The Electrical Industry](https://planprovider.pro/companies/board-of-trustees-of-the-annuity-plan-of-the-electrical-industry-plan) — 18,200 participants

- [Bd Of Tr Of The Pension, Hosp & Benefit Pl Of The Elec Ind-Pension](https://planprovider.pro/companies/bd-of-tr-of-the-pension-hosp-benefit-pl-of-the-elec-ind-pension-plan) — 15,968 participants

- [Board Of Trustees Of The Electrical Employers Self-Ins Safety Plan](https://planprovider.pro/companies/board-of-trustees-of-the-electrical-employers-self-ins-safety-plan-510151311-502) — 11,592 participants

- [Ibew Local 1249 Annuity Fund](https://planprovider.pro/companies/ibew-local-1249-annuity-fund-plan) — 3,697 participants

- [Board Of Trustees I.B.E.W. Local 25 Pension Fund](https://planprovider.pro/companies/board-of-trustees-i-b-e-w-local-25-pension-fund-plan) — 3,549 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/the-building-industry-electrical-contractors-association-inc-261140509-501)

&copy; 2026 PlanProvider.Pro
