Plan Snapshot
- Plan Sponsor: Bergelectric Corporation
- Sponsor EIN: 951459684
- Sponsor Address: 3182 LIONSHEAD AVE., CARLSBAD, CA, 92010
- Plan Type: DC
- Total Participants: 1,984
- Total Assets: $138.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 1,984 | $138.2M | $18.4M | $0 |
| 2023 | 1,970 | $120.2M | $13.3M | $0 |
| 2022 | 1,528 | $102.3M | $12.6M | $0 |
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 |
|---|---|---|---|---|
| LAVINE, LOFGREN, MORRIS & ENGELBERG | Auditor | — | — | $0 |
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 | $404,230 | $341,510 | — | — | — |
| 2023 | $342,598 | $291,639 | — | — | — |
| 2022 | $346,127 | — | — | — | — |