Plan Snapshot
- Plan Sponsor: College Track
- Sponsor EIN: 943279613
- Sponsor Address: 483 9TH STREET, SUITE 200, OAKLAND, CA, 94607
- Plan Type: 401(k)
- Total Participants: 230
- Total Assets: $10.3M
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 | 230 | $10.3M | $733,929 | $1.3M |
| 2023 | 220 | $7.6M | $555,993 | $1.1M |
| 2022 | 199 | $6.0M | $547,525 | $1.0M |
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 |
|---|---|---|---|---|
| VITA PLANNING GROUP LLC | Investment Advisor | $20,210 | — | $20,210 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $16,461 | — | $16,461 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $11,212 | — | $11,212 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,883
- Estimated Expense Ratio: 0.465% 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 | $47,883 | $36,671 | — | — | — |
| 2023 | $37,741 | $28,105 | — | — | — |
| 2022 | $41,046 | $10,887 | $30,159 | — | — |