Plan Snapshot
- Plan Sponsor: Bobit Business Media INC.
- Sponsor EIN: 832273126
- Sponsor Address: PO BOX 2703, TORRANCE, CA, 90509
- Plan Type: 401(k)
- Total Participants: 82
- Total Assets: $22.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 82 | $22.0M | $207,125 | $768,201 |
| 2023 | 87 | $19.2M | $181,534 | $847,600 |
| 2022 | 97 | $17.3M | $145,677 | $791,839 |
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 |
|---|---|---|---|---|
| WARREN AVERETT,LLC | Auditor | $12,455 | — | $12,455 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT,LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,455
- Estimated Expense Ratio: 0.057% 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 | $16,264 | $2,909 | — | $12,455 | — |
| 2023 | $13,834 | $1,659 | — | $11,500 | — |
| 2022 | $20,395 | $864 | — | — | — |