Plan Snapshot
- Plan Sponsor: Commentsold, LLC
- Sponsor EIN: 832008179
- Sponsor Address: 2434 MAIN ST. STE 201, SANTA MONICA, CA, 904053516
- Plan Type: 401(k)
- Total Participants: 63
- Total Assets: $6.1M
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 | 63 | $6.1M | $310,152 | $881,098 |
| 2023 | 109 | $6.4M | $1.1M | $1.4M |
| 2022 | 162 | $4.7M | $682,301 | $1.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $47,741 | — | $47,741 |
| PARK AVENUE SECURITIES | Investment Advisor | — | $23,305 | $23,305 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PARK AVENUE SECURITIES — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,046
- Estimated Expense Ratio: 1.167% 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 | $51,909 | — | $51,909 | — | — |
| 2023 | $42,070 | $42,070 | — | — | — |
| 2022 | $27,764 | $27,764 | — | — | — |