Plan Snapshot
- Plan Sponsor: Bassenian Lagoni
- Sponsor EIN: 953398546
- Sponsor Address: 131 INNOVATION DRIVE, IRVINE, CA, 92617
- Plan Type: 401(k)
- Total Participants: 70
- Total Assets: $21.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 70 | $21.5M | $109,350 | $735,058 |
| 2023 | 71 | $19.0M | $14,521 | $741,957 |
| 2022 | 81 | $17.2M | $171,378 | $856,969 |
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 |
|---|---|---|---|---|
| GRUBER AND LOPEZ, INC. | Auditor | $9,274 | — | $9,274 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,274
- Estimated Expense Ratio: 0.043% 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 | $56,476 | $13,017 | $34,185 | $9,274 | — |
| 2023 | $52,215 | $19,532 | $16,926 | — | — |
| 2022 | $48,068 | $17,191 | $16,635 | — | $14,242 |