Plan Snapshot
- Plan Sponsor: Common Thread Collective, LLC
- Sponsor EIN: 364809528
- Sponsor Address: 3011 S. CRODDY WAY, SANTA ANA, CA, 92704
- Plan Type: 401(k)
- Total Participants: 60
- Total Assets: $3.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 60 | $3.2M | $189,063 | $427,308 |
| 2023 | 53 | $2.5M | $168,433 | $347,146 |
| 2022 | 75 | $2.3M | $302,196 | $576,395 |
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 |
|---|---|---|---|---|
| FORUSALL, INC. | ADMINISTRATOR | $11,058 | — | $11,058 |
| PENSION ASSURANCE LLP | AUDITOR | $4,000 | — | $4,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,058
- Estimated Expense Ratio: 0.468% 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 | $19,831 | — | $11,058 | $4,000 | — |
| 2023 | $36,547 | — | $9,671 | — | — |
| 2022 | $12,569 | — | — | — | $12,569 |