Plan Snapshot
- Plan Sponsor: Balsam Brands INC.
- Sponsor EIN: 473255205
- Sponsor Address: 700 JEFFERSON, REDWOOD CITY, CA, 94063
- Plan Type: 401(k)
- Total Participants: 180
- Total Assets: $22.0M
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 | 180 | $22.0M | $706,195 | $2.4M |
| 2023 | 168 | $16.9M | $645,624 | $1.8M |
| 2022 | 178 | $11.8M | $638,778 | $1.6M |
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 |
|---|---|---|---|---|
| EIDE BAILLY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $42,545 | $8,598 | $300 | — | — |
| 2023 | $26,772 | $4,356 | — | — | — |
| 2022 | $24,062 | $2,313 | — | — | — |