Plan Snapshot
- Plan Sponsor: Excelligence Learning Corporation
- Sponsor EIN: 770559897
- Sponsor Address: 20 RYAN RANCH RD, MONTEREY, CA, 939405743
- Plan Type: 401(k)
- Total Participants: 1,099
- Total Assets: $40.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,099 | $40.4M | $1.5M | $3.1M |
| 2023 | 826 | $34.1M | $1.4M | $2.8M |
| 2022 | 896 | $26.8M | $1.3M | $2.7M |
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 |
|---|---|---|---|---|
| QUALIFIED PLAN ADVISORS | Investment Advisor | $121,581 | — | $121,581 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $60,310 | — | $60,310 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $7,593 | — | $7,593 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $189,484
- Estimated Expense Ratio: 0.469% 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 | $189,484 | $129,174 | — | — | — |
| 2023 | $94,970 | $76,547 | — | — | — |
| 2022 | $48,738 | $1,149 | — | — | — |