Plan Snapshot
- Plan Sponsor: Bragg Investment Company, INC.
- Sponsor EIN: 953565032
- Sponsor Address: 6242 PARAMOUNT BLVD., LONG BEACH, CA, 90805
- Plan Type: 401(k)
- Total Participants: 828
- Total Assets: $85.9M
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 | 828 | $85.9M | $2.3M | $6.3M |
| 2023 | 762 | $73.1M | $2.3M | $6.0M |
| 2022 | 760 | $62.2M | $2.1M | $5.5M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL LLC | ADVISOR | — | $230,359 | $230,359 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $7,300 | — | $7,300 |
| PLATFORM CPAS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL LLC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- PLATFORM CPAS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $237,659
- Estimated Expense Ratio: 0.277% 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 | $7,300 | — | — | — | — |
| 2023 | $7,219 | — | — | — | — |
| 2022 | $6,563 | — | — | — | — |