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: DC
- Total Participants: 905
- Total Assets: $116.4M
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 | 905 | $116.4M | $5.3M | $0 |
| 2023 | 853 | $104.9M | $4.4M | $0 |
| 2022 | 1,297 | $94.2M | $4.7M | $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 |
|---|---|---|---|---|
| SLEVIN & HART, PC | ERISA Attorney | $117,791 | — | $117,791 |
| DICKINSON GROUP LLC | Other Service Provider | $108,832 | — | $108,832 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $76,495 | — | $76,495 |
| BARNES, IACCARINO & SHEPHERD, LLP | Other Service Provider | $46,711 | — | $46,711 |
| SAGE ADVISORY SERVICES LTD CO. | Other Service Provider | $39,668 | — | $39,668 |
| COSTAROTHBORT CPAS LLC | Other Service Provider | $38,848 | — | $38,848 |
| REYNOLDS CONSULTING SERVICES | Other Service Provider | $37,500 | — | $37,500 |
| ERIC OLYNIK | Custodian / Trustee | $28,045 | — | $28,045 |
| FRANK RAPPO | Custodian / Trustee | $28,045 | — | $28,045 |
| CALIBRE CPA GROUP, PLLC | Auditor | $24,743 | — | $24,743 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SLEVIN & HART, PC — ERISA Attorney
- 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: $546,678
- Estimated Expense Ratio: 0.470% 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 | $1,122,784 | $674,236 | $108,832 | $24,743 | — |
| 2023 | $961,011 | $591,165 | $118,105 | $25,151 | — |
| 2022 | $910,056 | $440,496 | $154,290 | — | $214,734 |