Plan Snapshot
- Plan Sponsor: Boardriders, INC.
- Sponsor EIN: 330199426
- Sponsor Address: 5600 ARGOSY CIRCLE #100, HUNTINGTON BEACH, CA, 92649
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 532
- Total Assets: $70.7M
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. |
|---|---|---|---|---|
| 2023 | 532 | $70.7M | $763,439 | $5.6M |
| 2022 | 1,372 | $65.4M | $652,250 | $6.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $148,994 | — | $148,994 |
| MMA SECURITIES | Investment Advisor | $41,000 | — | $41,000 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $8,562 | — | $8,562 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- MMA SECURITIES — Investment Advisor
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $198,556
- Estimated Expense Ratio: 0.281% 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 |
|---|---|---|---|---|---|
| 2023 | $198,556 | $49,562 | — | — | — |
| 2022 | $253,539 | $7,983 | — | — | — |