Plan Snapshot
- Plan Sponsor: Coit Services, INC.
- Sponsor EIN: 941635764
- Sponsor Address: 897 HINCKLEY ROAD, BURLINGAME, CA, 94010
- Plan Type: 401(k)
- Total Participants: 205
- Total Assets: $12.5M
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 | 205 | $12.5M | $43,788 | $572,758 |
| 2023 | 197 | $11.2M | $42,548 | $509,158 |
| 2022 | 210 | $10.6M | $38,547 | $576,055 |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | $9,265 | — | $9,265 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,265
- Estimated Expense Ratio: 0.074% 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 | $83,502 | $20,838 | $11,381 | $9,265 | — |
| 2023 | $71,430 | $21,123 | $13,386 | — | — |
| 2022 | $70,382 | $22,422 | $43,172 | — | — |