Plan Snapshot
- Plan Sponsor: Trustees Of Associated Builders & Contractors Insurance Trust
- Sponsor EIN: 521115752
- Sponsor Address: 440 FIRST ST NW, WASHINGTON, DC, 20001
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 6,468
- Total Assets: $14.1M
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 | 6,468 | $14.1M | $3.5M | $0 |
| 2023 | 6,509 | $13.6M | $3.5M | $0 |
| 2022 | 6,438 | $12.4M | $3.5M | $0 |
| 2019 | 6,900 | $12.2M | $2.8M | $0 |
| 2018 | 6,977 | $11.0M | $3.4M | $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 |
|---|---|---|---|---|
| ADAM T. BONSKY | Other Service Provider | $406,954 | — | $406,954 |
| PHIL GRISAH | Other Service Provider | $198,191 | — | $198,191 |
| WOODY JANG | Other Service Provider | $176,977 | — | $176,977 |
| KELLIE STEWART | Other Service Provider | $142,179 | — | $142,179 |
| LASHONDA P WILLIAMS | Other Service Provider | $133,191 | — | $133,191 |
| BARBARA PFAFFLY | Other Service Provider | $126,594 | — | $126,594 |
| KEVIN DUPONT | Other Service Provider | $113,462 | — | $113,462 |
| BOB WILKINS | Other Service Provider | $97,670 | — | $97,670 |
| SARA JOHNSON | Other Service Provider | $96,409 | — | $96,409 |
| ENITOR WILLIAMS | Other Service Provider | $87,849 | — | $87,849 |
| BILL HENSON | Other Service Provider | $85,973 | — | $85,973 |
| CHAUNCEY DELANEY | Other Service Provider | $84,353 | — | $84,353 |
| STEPHANIE GAMBLE-NECKER | Other Service Provider | $79,403 | — | $79,403 |
| TAUNYA R BURNETTE-GREENWOOD | Other Service Provider | $77,406 | — | $77,406 |
| ADAM FLEEK | Other Service Provider | $70,748 | — | $70,748 |
| MADELINE IGNASH | Other Service Provider | $68,408 | — | $68,408 |
| ZYWAVE | Other Service Provider | $61,997 | — | $61,997 |
| JOSHUA LINDEMAN | Other Service Provider | $60,448 | — | $60,448 |
| BENEFITS COMPLIANCE SOLUTIONS, LLC | Other Service Provider | $54,450 | — | $54,450 |
| STEPHANIE CRAGHEAD | Other Service Provider | $51,869 | — | $51,869 |
| ARMANINO, LLP | Other Service Provider | $47,191 | — | $47,191 |
| MICHAEL ERASMUS | Other Service Provider | $45,000 | — | $45,000 |
| ALLIANCE BERNSTEIN | Other Service Provider | $39,993 | — | $39,993 |
| ANDREA WHITENIGHT | Other Service Provider | $30,900 | — | $30,900 |
| CHETU, INC. | Other Service Provider | $28,780 | — | $28,780 |
| JUNIOR MONTEIRO | Other Service Provider | $23,615 | — | $23,615 |
| TRAVELERS INSURANCE COMPANY | Other Service Provider | $21,519 | — | $21,519 |
| AGENCYBLOC | Other Service Provider | $20,886 | — | $20,886 |
| JULIET DILL | Other Service Provider | $19,262 | — | $19,262 |
| METROPOLITAN LIFE INSURANCE | Other Service Provider | $18,631 | — | $18,631 |
| CONSTRUCTION EXECUTIVE | Other Service Provider | $18,000 | — | $18,000 |
| WELLS FARGO | Other Service Provider | $14,762 | — | $14,762 |
| QUADIENT LEASING | Other Service Provider | $13,468 | — | $13,468 |
| BERNARD HEALTH | Other Service Provider | $12,140 | — | $12,140 |
| PATRIOT BENEFIT SERVICES | Other Service Provider | $11,787 | — | $11,787 |
| COMPASS BENEFIT SEPCI, INC. | Other Service Provider | $10,308 | — | $10,308 |
| ZOOM | Other Service Provider | $10,171 | — | $10,171 |
| LAUNCHATX | Other Service Provider | $9,600 | — | $9,600 |
| ROBERT MILLER | Other Service Provider | $7,781 | — | $7,781 |
| HUDSPETH BENEFITS GROUP | Other Service Provider | $7,401 | — | $7,401 |
| LAPIN LAW FIRM | Other Service Provider | $7,356 | — | $7,356 |
| ALISON MORANT | Other Service Provider | $7,000 | — | $7,000 |
| COMPLETE MARKETING CONCEPTS | Other Service Provider | $6,568 | — | $6,568 |
| GALLOWAY-CHANDLER-MCKINNEY INS. | Other Service Provider | $5,490 | — | $5,490 |
| CLAIRE VIRTUE | Other Service Provider | $5,480 | — | $5,480 |
| IRON MOUNTAIN | Other Service Provider | $5,182 | — | $5,182 |
| QUICKBOOKS | Other Service Provider | $5,099 | — | $5,099 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,727,901
- Estimated Expense Ratio: 19.393% 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 | $4,334,724 | $53,332 | $348,743 | $53,741 | — |
| 2023 | $4,459,920 | $52,480 | $115,397 | $41,608 | — |
| 2022 | $4,050,973 | $87,754 | $163,642 | — | $160,416 |
| 2019 | $2,169,727 | $79,603 | — | — | $133,325 |
| 2018 | $2,756,286 | $82,472 | — | — | $135,594 |