Plan Snapshot
- Plan Sponsor: Billfloat, INC.
- Sponsor EIN: 270865497
- Sponsor Address: 417 MONTGOMERY ST., SUITE 600, SAN FRANCISCO, CA, 94104
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $9.0M
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 | 115 | $9.0M | $22,272 | $1.4M |
| 2023 | 121 | $7.7M | $0 | $1.7M |
| 2022 | 197 | $6.8M | $2,600 | $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 |
|---|---|---|---|---|
| FORUSALL ADVISORS LLC | Recordkeeper | $24,560 | — | $24,560 |
| AT RETIREMENT SERVICES, LLC | Other Service Provider | $12,767 | — | $12,767 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,327
- Estimated Expense Ratio: 0.416% 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 | $37,327 | — | $24,560 | — | — |
| 2023 | $34,164 | — | $20,250 | — | — |
| 2022 | $27,218 | — | — | — | $27,218 |