Plan Snapshot
- Plan Sponsor: Ernie Ball, INC.
- Sponsor EIN: 952378345
- Sponsor Address: 53-973 POLK ST., COACHELLA, CA, 922363816
- Plan Type: 401(k)
- Total Participants: 532
- Total Assets: $13.1M
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 | 532 | $13.1M | $130,981 | $761,123 |
| 2023 | 532 | $11.8M | $131,104 | $725,167 |
| 2022 | 530 | $10.0M | $131,887 | $719,709 |
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 |
|---|---|---|---|---|
| FORTEM FINANCIAL | FINANCIAL ADVISOR | $35,516 | — | $35,516 |
| WILSHIRE ASSOCIATES | FINANCIAL ADVISOR | $5,919 | — | $5,919 |
| HSRDS, AN ACCOUNTANCY CORPORATION | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORTEM FINANCIAL — FINANCIAL ADVISOR
- WILSHIRE ASSOCIATES — FINANCIAL ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,435
- Estimated Expense Ratio: 0.316% 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 | $118,018 | $41,435 | $76,583 | — | — |
| 2023 | $108,534 | $35,611 | $62,923 | $10,000 | — |
| 2022 | $92,983 | $92,983 | — | — | — |