Plan Snapshot
- Plan Sponsor: Amigos Development Corporation
- Sponsor EIN: 010557729
- Sponsor Address: 3299 HORSELESS CARRIAGE LANE, NORCO, CA, 92860
- Plan Type: 401(k)
- Total Participants: 1,530
- Total Assets: $23.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,530 | $23.2M | $683,066 | $1.7M |
| 2023 | 1,450 | $19.9M | $626,288 | $1.6M |
| 2022 | 1,677 | $16.8M | $656,097 | $1.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO OF AME | RECORDKEEPER | $42,244 | — | $42,244 |
| MORGAN STANLEY | INVESTMENT ADVISOR | $40,513 | — | $40,513 |
| CLIFTON LARSON ALLEN WEALTH ADVISOR | INVESTMENT ADVISOR | $17,939 | — | $17,939 |
| CLIFTONLARSONALLEN LLP | Auditor | $17,939 | — | $17,939 |
| QUALIFIED SERVICES INC DBA HICKS | Other Service Provider | $15,795 | — | $15,795 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISOR
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $134,430
- Estimated Expense Ratio: 0.581% 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 | $116,491 | $40,513 | $15,795 | $17,939 | — |
| 2023 | $71,371 | — | $71,371 | — | — |
| 2022 | $116,647 | — | $116,647 | — | — |