Plan Snapshot
- Plan Sponsor: Discovery Builders, INC.
- Sponsor EIN: 680406953
- Sponsor Address: 3240 STONE VALLEY RD. W, ALAMO, CA, 94507
- Plan Type: 401(k)
- Total Participants: 95
- Total Assets: $11.1M
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 | 95 | $11.1M | $0 | $825,952 |
| 2023 | 134 | $11.2M | $37,559 | $909,360 |
| 2022 | 118 | $9.0M | $0 | $944,577 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SERVIC | RETAINED BY EMPLOYER | $61,567 | — | $61,567 |
| JOHNSTON, GREMAUX & ROSSI, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT PLAN SERVIC — RETAINED BY EMPLOYER
- JOHNSTON, GREMAUX & ROSSI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,567
- Estimated Expense Ratio: 0.554% 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 | $61,567 | — | $61,567 | — | — |
| 2023 | $55,551 | — | $55,551 | — | — |
| 2022 | $54,327 | — | $54,327 | — | — |