Plan Snapshot
- Plan Sponsor: Beta Bionics, INC.
- Sponsor EIN: 475386878
- Sponsor Address: 11 HUGHES, IRVINE, CA, 92618
- Plan Type: 401(k)
- Total Participants: 294
- Total Assets: $15.5M
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 | 294 | $15.5M | $2.0M | $2.9M |
| 2023 | 171 | $9.3M | $981,171 | $1.4M |
| 2022 | 92 | $6.1M | $1.1M | $1.7M |
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 |
|---|---|---|---|---|
| BENEFIT TRUST COMPANY | CUSTODIAN | — | $11,261 | $11,261 |
| GUIDELINE, INC. | RECORDKEEPER | $10,616 | — | $10,616 |
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GUIDELINE, INC. — RECORDKEEPER
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,877
- Estimated Expense Ratio: 0.141% 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 | $11,802 | $9,942 | — | — | — |
| 2023 | $7,550 | $5,854 | — | — | — |
| 2022 | $5,769 | $5,769 | — | — | — |