Retirement plan

BUILDERTREND SOLUTIONS, INC. 401(K) PLAN

Name: BUILDERTREND SOLUTIONS, INC. - BUILDERTREND SOLUTIONS, INC. 401(K) PLAN (2024) Form 5500
Creator: BUILDERTREND SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUILDERTREND SOLUTIONS, INC. 401(K) PLAN, BUILDERTREND SOLUTIONS, INC.

BUILDERTREND SOLUTIONS, INC.EIN 20-5132639Plan #001PY 2024

11818 I STREET - OMAHA, NE 68137888-415-7128

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$51.9M

+27.2% from 2023

Total participants

979

+5.2% from 2023

Average account balance

$55,726

+20.4% from 2023

Annual return

15.92%

-12.19 pp from 2023

Benchmarks

See 3,298 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,298 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$51.88M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$56K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

931

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

94.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.92%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$332

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY6 years Service code 13 · EIN 42-0127290	Contract Administrator	$305,544
JP MORGAN INVESTMENT MANAGEMENT INC2 years Filed as: BRIDGES INVESTMENT MANAGEMENT INC Service code 27 · EIN 47-0784180	Advisory (Plan)	$115,438
SHERIDAN ROAD ADVISORS LLC1 year Filed as: HUB INVESTMENT ADVISORS, INC. Service code 27 · EIN 20-1113894	Advisory (Plan)	$13,964
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 13 · EIN 82-3719843	Contract Administrator	$5,800
WILSHIRE ASSOCIATES INCORPORATED3 years Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2J3D2G2K2F

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$309K

$384 / participant

Contract admin$309K100.0%

% of EOY assets

0.596%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,726

$106,230-47.5%

$147,080-62.1%

$77,736-28.3%

Participation rate

94.0%

78.4%+15.6pp

82.2%+11.9pp

70.6%+23.5pp

Annual return

15.92%

56.91%-41.0pp

420.17%-404.3pp

31.26%-15.3pp

Employer contribution / active EE

$3,810

$4,072-6.4%

$4,933-22.8%

$2,728+39.7%

Participant deferral / active EE

$8,319

$8,001+4.0%

$8,066+3.1%

$4,651+78.9%

Admin fee / account holder

$332

$338-1.8%

$12,989-97.4%

$433-23.3%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY6 years

Service code 13 · EIN 42-0127290

Contract Administrator

$305,544

JP MORGAN INVESTMENT MANAGEMENT INC2 years

Filed as: BRIDGES INVESTMENT MANAGEMENT INC

Service code 27 · EIN 47-0784180

Advisory (Plan)

$115,438

SHERIDAN ROAD ADVISORS LLC1 year

Filed as: HUB INVESTMENT ADVISORS, INC.

Service code 27 · EIN 20-1113894

Advisory (Plan)

$13,964

ASCENSUS LLC1 year

Filed as: ASCENSUS

Service code 13 · EIN 82-3719843

Contract Administrator

$5,800

WILSHIRE ASSOCIATES INCORPORATED3 years

Filed as: WILSHIRE ADVISORS LLC

Service code 27 · EIN 95-2755361

Advisory (Plan)

BUILDERTREND SOLUTIONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUILDERTREND SOLUTIONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion