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: DB
- Total Participants: 921
- Total Assets: $236.2M
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 | 921 | $236.2M | $10.1M | $0 |
| 2023 | 835 | $204.4M | $8.8M | $0 |
| 2022 | 968 | $174.3M | $11.6M | $0 |
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 |
|---|---|---|---|---|
| CALIBRE CPA GROUP, PLLC | Auditor | $34,993 | — | $34,993 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- 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: $34,993
- Estimated Expense Ratio: 0.015% 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 | $1,612,200 | $976,093 | $122,587 | $34,993 | — |
| 2023 | $1,427,103 | $852,740 | $128,268 | $33,901 | — |
| 2022 | $1,287,538 | $669,324 | $171,209 | — | $231,287 |