Plan Snapshot
- Plan Sponsor: Coast Professional INC.
- Sponsor EIN: 330791735
- Sponsor Address: 651 DOWNING PINES RD, WEST MONROE, LA, 71201
- Plan Type: 401(k)
- Total Participants: 563
- Total Assets: $9.0M
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 | 563 | $9.0M | $615,801 | $1.1M |
| 2023 | 438 | $7.6M | $534,230 | $934,133 |
| 2022 | 475 | $5.4M | $481,043 | $988,029 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS, | Recordkeeper | $76,221 | — | $76,221 |
| FUTUREPLAN BY ASCENSUS | Recordkeeper | $28,241 | $10 | $28,251 |
| BANK OF AMERICA NA | Investment Advisor | $22,880 | — | $22,880 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS, — Recordkeeper
- FUTUREPLAN BY ASCENSUS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $127,352
- Estimated Expense Ratio: 1.422% 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 | $104,455 | — | $104,455 | — | — |
| 2023 | $80,312 | — | $80,312 | — | — |
| 2022 | $92,096 | $92,096 | — | — | — |