Plan Snapshot
- Plan Sponsor: Breg, INC.
- Sponsor EIN: 330361048
- Sponsor Address: 2382 FARADAY AVENUE, SUITE 300, CARLSBAD, CA, 92008
- Plan Type: 401(k)
- Total Participants: 569
- Total Assets: $42.2M
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. |
|---|---|---|---|---|
| 2024 | 569 | $42.2M | $1.4M | $4.2M |
| 2023 | 557 | $36.6M | $611,849 | $3.9M |
| 2022 | 577 | $30.2M | $421,665 | $3.6M |
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 |
|---|---|---|---|---|
| JGD AND ASSOCIATES LLP | Auditor | $15,500 | — | $15,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JGD AND ASSOCIATES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,500
- Estimated Expense Ratio: 0.037% 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 | $152,377 | $55,352 | $300 | $15,500 | — |
| 2023 | $119,291 | $48,332 | — | — | — |
| 2022 | $145,597 | $14,553 | — | — | — |