Plan Snapshot
- Plan Sponsor: California Farm Bureau Federation
- Sponsor EIN: 940357610
- Sponsor Address: 2600 RIVER PLAZA DRIVE, SACRAMENTO, CA, 95833
- Plan Type: 401(k)
- Total Participants: 1,524
- Total Assets: $33.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,524 | $33.8M | $1.3M | $1.6M |
| 2023 | 1,664 | $28.6M | $1.1M | $1.5M |
| 2022 | 1,398 | $25.2M | $990,319 | $1.2M |
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 |
|---|---|---|---|---|
| GOLDEN STATE WEALTH MANAGEMENT | ADVISOR | $48,368 | — | $48,368 |
| NATIONWIDE | TRUST CUSTODIAN | $37,708 | — | $37,708 |
| NATIONAL BENEFIT SERVICES | TPA | $5,379 | $27,350 | $32,729 |
| PROACCOUNT | ADVISOR | $15,669 | — | $15,669 |
| GILBERTS CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — TRUST CUSTODIAN
- GILBERTS CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $134,474
- Estimated Expense Ratio: 0.397% 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 | $68,709 | — | $68,709 | — | — |
| 2023 | $123,285 | $39,084 | $42,363 | — | — |
| 2022 | $95,971 | — | $95,971 | — | — |