Plan Snapshot
- Plan Sponsor: Balboa Travel, INC.
- Sponsor EIN: 952592646
- Sponsor Address: 5414 OBERLIN DRIVE, SAN DIEGO, CA, 921214752
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $16.2M
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 | 102 | $16.2M | $200,000 | $376,186 |
| 2023 | 104 | $16.1M | $0 | $385,492 |
| 2022 | 91 | $14.1M | $200,000 | $353,418 |
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 |
|---|---|---|---|---|
| MATRANGA & COMPANY | Auditor | $9,000 | — | $9,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,000
- Estimated Expense Ratio: 0.056% 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 | $57,965 | $23,969 | $17,708 | $9,000 | — |
| 2023 | $47,301 | $22,021 | $2,962 | $8,575 | — |
| 2022 | $48,315 | $22,351 | $17,714 | — | $8,250 |