Plan Snapshot
- Plan Sponsor: California Faucets, INC.
- Sponsor EIN: 330294654
- Sponsor Address: 5271 ARGOSY DRIVE, HUNTINGTON BEACH, CA, 926491015
- Plan Type: 401(k)
- Total Participants: 231
- Total Assets: $9.0M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 231 | $9.0M | $878,920 | $637,913 |
| 2023 | 213 | $6.9M | $644,001 | $544,170 |
| 2022 | 215 | $5.2M | $244,550 | $421,020 |
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 |
|---|---|---|---|---|
| CALIBER AUDIT AND ATTEST LLP | Auditor | $20,000 | — | $20,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBER AUDIT AND ATTEST LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,000
- Estimated Expense Ratio: 0.223% 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 | $68,155 | $11,757 | $22,880 | $20,000 | — |
| 2023 | $48,759 | $9,666 | $21,075 | $6,000 | — |
| 2022 | $49,551 | $23,436 | — | — | $26,115 |