Plan Snapshot
- Plan Sponsor: Employers Resource
- Sponsor EIN: 330688056
- Sponsor Address: 570 RANCHEROS DRIVE, SAN MARCOS, CA, 92069
- Plan Type: 401(k)
- Total Participants: 920
- Total Assets: $19.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 920 | $19.3M | $409,660 | $1.7M |
| 2023 | 572 | $16.0M | $351,703 | $1.5M |
| 2022 | 680 | $13.2M | $357,526 | $1.5M |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INS CO | RECORDKEEPER | $114,575 | — | $114,575 |
| NFP RETIREMENT INC | INVESTMENT ADVISORY- PLAN | $43,861 | — | $43,861 |
| FARBER HASS HURLEY LLP | AUDIT | $40,000 | — | $40,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS CO — RECORDKEEPER
- NFP RETIREMENT INC — INVESTMENT ADVISORY- PLAN
- FARBER HASS HURLEY LLP — AUDIT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $198,436
- Estimated Expense Ratio: 1.027% 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 | $198,436 | $43,861 | — | $40,000 | — |
| 2023 | $143,120 | $28,573 | — | $18,500 | — |
| 2022 | $134,677 | $33,244 | — | — | $18,500 |