Plan Snapshot
- Plan Sponsor: Company3 / Method INC.
- Sponsor EIN: 953034570
- Sponsor Address: 3401 EXPOSITION BLVD, SANTA MONICA, CA, 90404
- Plan Type: 401(k)
- Total Participants: 941
- Total Assets: $216.5M
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 | 941 | $216.5M | $2.5M | $6.4M |
| 2023 | 918 | $205.3M | $1.6M | $7.3M |
| 2022 | 1,346 | $183.6M | $3.4M | $8.6M |
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 |
|---|---|---|---|---|
| FARBER HASS HURLEY LLP | Auditor | $21,500 | — | $21,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FARBER HASS HURLEY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,500
- Estimated Expense Ratio: 0.010% 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 | $49,368 | $66,839 | $1,500 | $21,500 | — |
| 2023 | $4,841 | $58,503 | $300 | — | — |
| 2022 | $30,654 | $56,101 | — | — | — |