Plan Snapshot
- Plan Sponsor: Direct Relief
- Sponsor EIN: 951831116
- Sponsor Address: 6100 WALLACE BECKNELL RD., SANTA BARBARA, CA, 93117
- Plan Type: 401(k)
- Total Participants: 143
- Total Assets: $22.4M
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 | 143 | $22.4M | $809,587 | $1.3M |
| 2023 | 130 | $18.8M | $744,678 | $1.1M |
| 2022 | 124 | $13.9M | $535,381 | $959,334 |
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 |
|---|---|---|---|---|
| BAKER TILLY US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $19,595 | $6,526 | — | — | — |
| 2023 | $19,384 | $4,850 | — | — | — |
| 2022 | $13,641 | $3,481 | — | — | — |