Plan Snapshot
- Plan Sponsor: Braga Ranch, INC.
- Sponsor EIN: 261750469
- Sponsor Address: P.O. BOX 425, SOLEDAD, CA, 93960
- Plan Type: 401(k)
- Total Participants: 1,140
- Total Assets: $22.3M
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 | 1,140 | $22.3M | $949,659 | $1.6M |
| 2023 | 1,450 | $17.9M | $949,944 | $1.6M |
| 2022 | 1,493 | $14.3M | $957,313 | $1.6M |
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 |
|---|---|---|---|---|
| QUINTES ADMINISTRATIVE & INSU. SVC | THIRD PARTY ADMINISTRATOR | — | $16,517 | $16,517 |
| JOHNSON & ASSOCIATES CPAS, INC. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,517
- Estimated Expense Ratio: 0.074% 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 | $53,504 | $942 | $20,450 | — | — |
| 2023 | $17,004 | — | — | — | — |
| 2022 | $34,330 | $14,325 | — | — | — |