Plan Snapshot
- Plan Sponsor: Calamp Corp.
- Sponsor EIN: 953647070
- Sponsor Address: 2200 FARADAY AVENUE, CARLSBAD, CA, 92008
- Plan Type: 401(k)
- Total Participants: 232
- Total Assets: $75.8M
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 | 232 | $75.8M | $861,018 | $2.5M |
| 2023 | 241 | $73.8M | $1.1M | $3.0M |
| 2022 | 350 | $71.1M | $1.7M | $3.7M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $73,475 | — | $73,475 |
| GGF, LLP | ACCOUNTANT | $18,890 | — | $18,890 |
| GREEN HASSON & JANKS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- GREEN HASSON & JANKS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $92,365
- Estimated Expense Ratio: 0.122% 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 | $92,365 | $18,890 | — | — | — |
| 2023 | $101,827 | $21,525 | — | — | — |
| 2022 | $124,415 | — | — | — | — |