Plan Snapshot
- Plan Sponsor: American Riviera Bank
- Sponsor EIN: 205071344
- Sponsor Address: 1033 ANACAPA ST, SANTA BARBARA, CA, 931012102
- Plan Type: 401(k)
- Total Participants: 132
- Total Assets: $19.2M
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 | 132 | $19.2M | $568,716 | $1.2M |
| 2023 | 134 | $16.4M | $570,372 | $1.2M |
| 2022 | 128 | $12.4M | $501,776 | $1.1M |
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 |
|---|---|---|---|---|
| CHANNEL WEALTH LLC | ADVISOR | $30,219 | — | $30,219 |
| MUN CPAS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MUN CPAS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,219
- Estimated Expense Ratio: 0.158% 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 | $38,491 | $30,219 | — | — | — |
| 2023 | $33,495 | $18,753 | — | — | — |
| 2022 | $29,434 | — | — | — | — |