Plan Snapshot
- Plan Sponsor: Alecto Healthcare Services LLC
- Sponsor EIN: 460829723
- Sponsor Address: 101 N. BRAND BLVD, GLENDALE, CA, 91203
- Plan Type: 401(k)
- Total Participants: 506
- Total Assets: $39.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 506 | $39.5M | $0 | $552,803 |
| 2023 | 558 | $42.2M | $0 | $664,394 |
| 2022 | 500 | $44.8M | $0 | $719,505 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $102,492 | — | $102,492 |
| WELLS FARGO ADVISORS | INVESTMENT ADVISORY | $41,743 | — | $41,743 |
| KIECKHAFER SCHIFFER LLP | ACCOUNTANT | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KIECKHAFER SCHIFFER LLP — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $154,235
- Estimated Expense Ratio: 0.391% 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 | $154,235 | $41,743 | $102,492 | $10,000 | — |
| 2023 | $147,287 | $43,619 | $94,668 | $9,000 | — |
| 2022 | $208,476 | $93,621 | $109,499 | — | $5,356 |