Plan Snapshot
- Plan Sponsor: Faith In Action Network
- Sponsor EIN: 942206497
- Sponsor Address: 171 SANTA ROSA AVENUE, OAKLAND, CA, 94610
- Plan Type: 401(k)
- Total Participants: 28
- Total Assets: $7.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 28 | $7.5M | $267,140 | $211,602 |
| 2023 | 54 | $7.3M | $438,222 | $319,979 |
| 2022 | 131 | $6.6M | $362,439 | $305,309 |
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 |
|---|---|---|---|---|
| BELFINT, LYONS SHUMAN CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BELFINT, LYONS SHUMAN CPA — 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 | $20,083 | $2,556 | — | — | — |
| 2023 | $16,960 | $2,346 | — | — | — |
| 2022 | — | — | — | — | — |