Plan Snapshot
- Plan Sponsor: Community Solutions
- Sponsor EIN: 237351215
- Sponsor Address: 9015 MURRAY AVENUE STE 100, GILROY, CA, 950203617
- Plan Type: 401(k)
- Total Participants: 399
- Total Assets: $13.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 399 | $13.0M | $605,098 | $1.1M |
| 2023 | 358 | $10.5M | $508,295 | $967,618 |
| 2022 | 359 | $8.9M | $420,453 | $798,272 |
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 |
|---|---|---|---|---|
| ADVANCED RETIREMENT SOLUTIONS | Investment Advisor | $15,837 | — | $15,837 |
| NEXUS ADMINISTRATORS INC | Other Service Provider | $9,125 | — | $9,125 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $8,283 | — | $8,283 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,245
- Estimated Expense Ratio: 0.255% 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 | $19,433 | — | $19,433 | — | — |
| 2023 | $26,000 | — | $26,000 | — | — |
| 2022 | $10,284 | — | — | — | $10,284 |