Plan Snapshot
- Plan Sponsor: B. Riley Financial, INC.
- Sponsor EIN: 270223495
- Sponsor Address: 11100 SANTA MONICA BLVD, LOS ANGELES, CA, 90025
- Plan Type: 401(k)
- Total Participants: 1,336
- Total Assets: $289.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,336 | $289.7M | $2.4M | $15.8M |
| 2023 | 1,307 | $256.2M | $2.6M | $15.6M |
| 2022 | 1,255 | $204.0M | $2.3M | $14.3M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $32,962 | — | $32,962 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $26,563 | — | $26,563 |
| WEINBERG & CO. LA, LLP | ACCOUNTANT/AUDITOR | $12,500 | — | $12,500 |
| WEINBERG & COMPANY, P.A. | Auditor | $12,500 | — | $12,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- WEINBERG & COMPANY, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,525
- Estimated Expense Ratio: 0.029% 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 | $67,575 | $32,962 | — | $12,500 | — |
| 2023 | $111,431 | $24,806 | — | $21,195 | — |
| 2022 | $95,694 | $14,342 | — | — | — |