Plan Snapshot
- Plan Sponsor: C & B Holding Company, INC. Dba Braun Electric Com
- Sponsor EIN: 770248488
- Sponsor Address: 3000 EAST BELLE TERRACE, BAKERSFIELD, CA, 93307
- Plan Type: 401(k)
- Total Participants: 40
- Total Assets: $7.1M
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 | 40 | $7.1M | $91,062 | $217,748 |
| 2023 | 124 | $9.3M | $248,601 | $529,818 |
| 2022 | 156 | $9.3M | $303,610 | $664,381 |
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 |
|---|---|---|---|---|
| BARBICH HOOPER KING DILL HOFFMAN | Auditor | $11,400 | — | $11,400 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,400
- Estimated Expense Ratio: 0.160% 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 | $38,044 | $31,750 | — | $11,400 | — |
| 2023 | $5,852 | $11,018 | — | — | — |
| 2022 | $1,863 | — | — | — | — |