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Original filing (PDF)20251014131717NAL0001405763001
BLD CONNECTION, INC.
Form 5500
FILING_RECEIVED
BLD CONNECTION 401K MULTIPLE EMPLOYER PLAN
401(k) retirement plan
Signals · 3
91% in single holding~110 bps in Sched C feesNo recordkeeper disclosed
Active participants
268
Accounts w/ balance
230
Plan assets (EOY)
$17.1M
Net assets (EOY)
$17.1M
How this plan invests
This plan
7 pooled trusts
Schedule D
3 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "value 1,770" is 91% of plan.
- 110 bps in Schedule C fees — 281% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BLD CONNECTION, INC..
Plan sponsor
Name
BLD CONNECTION, INC.
EIN
41-1676811
Address
701 DECATUR AVENUE N, SUITE 105 · GOLDEN VALLEY, MN · 55427
Phone
(763) 595-4053
Industry
All Other Professional Services· Professional & Technical Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
333
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
OLSEN THEILEN & COMPANY, LTD
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsTPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| NATIONAL PROFESSIONAL PLANNING GROU | — | SHREWSBURY, NJ | TPA | $21K | — |
Other
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | 35-1140070 | — | SERVICE PROVIDER | $101K | — |
| STADION MONEY MANAGEMENT | 58-2099805 | — | SERVICE PROVIDER | $57K | — |
| PINNACLE FINANCIAL SERVICES | 59-2438373 | — | SERVICE PROVIDER | $10K | — |
Investments
3 direct securities · 7 pooled funds· $16.7M(98% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Pooled Separate Account
$14.5M
7 holdings
Uncategorized
$2.2M
3 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| LINCOLN LIFE SEPARATE ACCOUNT 4K LINCOLN NATIONAL LIFE INSURANCE CO. · EIN 35-0472300 / PN 402 | Pooled Separate Account | — | — | $5.9M | 34.6% | |
| LNL SATG STADION MANAGED GROWTH LINCOLN NATIONAL LIFE INSURANCE CO. · EIN 35-0472300 / PN 707 | Pooled Separate Account | — | — | $3.1M | 18.3% | |
| LNL SATM STADION MANAGED MODERATE LINCOLN NATIONAL LIFE INSURANCE CO. · EIN 35-0472300 / PN 706 | Pooled Separate Account | — | — | $2.2M | 13.0% | |
| value 1,770 | — | — | $1.8M | $2.0M | 11.5% | |
| LNL SATC STADION MANAGED CONSERVATI LINCOLN NATIONAL LIFE INSURANCE CO. · EIN 35-0472300 / PN 705 | Pooled Separate Account | — | — | $1.0M | 6.1% | |
| LNL SATP STADION MANAGED CAPITAL PR LINCOLN NATIONAL LIFE INSURANCE CO. · EIN 35-0472300 / PN 723 | Pooled Separate Account | — | — | $932K | 5.5% | |
| LNL SATB STADION MANAGED BALANCED LINCOLN NATIONAL LIFE INSURANCE CO. · EIN 35-0472300 / PN 722 | Pooled Separate Account | — | — | $684K | 4.0% | |
| LNL SATT STADION MANAGED MAXIMUM GR LINCOLN NATIONAL LIFE INSURANCE CO. · EIN 35-0472300 / PN 724 | Pooled Separate Account | — | — | $621K | 3.6% | |
| Total Fully2002-51 Corrected UnderVFCP and PTE VFCP Pending ContributionsCorrection in Corrected TransactionsContributionsOutside VFCP | — | — | — | $92K | 0.5% | |
| PLAN NUMBER 333DECEMBER 31, 2024 EMPLOYER IDENTIFICATION NUMBER 41-1676811 X BLD CONNECTION MULTIPLE EMPLOYER 401(K) SAVINGS PLAN | — | — | — | $92K | 0.5% |
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