Plan Snapshot
- Plan Sponsor: Carlson, Barbee & Gibson, INC.
- Sponsor EIN: 680174548
- Sponsor Address: 2633 CAMINO RAMON, SUITE 350, SAN RAMON, CA, 94583
- Plan Type: 401(k)
- Total Participants: 116
- Total Assets: $31.3M
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 | 116 | $31.3M | $830,067 | $1.3M |
| 2023 | 105 | $28.1M | $830,292 | $1.3M |
| 2022 | 118 | $23.9M | $822,129 | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $87,739 | — | $87,739 |
| OSAIC WEALTH INC | BROKER / ADVISER | — | $23,672 | $23,672 |
| SILICON VALLEY ACCOUNTANCY | AUDITOR | $19,818 | — | $19,818 |
| REDWOOD PENSIONS, LLC | CONTRACT ADMIN | $13,721 | — | $13,721 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $144,950
- Estimated Expense Ratio: 0.463% 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 | $175,172 | — | $15,061 | $19,818 | — |
| 2023 | $158,032 | — | $14,380 | $18,900 | — |
| 2022 | $164,273 | $2,623 | $143,101 | — | $18,549 |