Plan Snapshot
- Plan Sponsor: Farmers & Merchants Bank Of Long Beach
- Sponsor EIN: 950726412
- Sponsor Address: 302 PINE AVE, LONG BEACH, CA, 90802
- Plan Type: DC
- Total Participants: 895
- Total Assets: $174.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 895 | $174.5M | $7.8M | $3.7M |
| 2023 | 874 | $153.0M | $10.7M | $3.1M |
| 2022 | 862 | $126.0M | $9.7M | $2.5M |
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 |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | NONE | $113,742 | — | $113,742 |
| BENEFIT FINACIAL SERVICES GROUP | NONE | $40,000 | — | $40,000 |
| WINDES INC. | NONE | $21,500 | — | $21,500 |
| WINDES, INC. | Auditor | $21,500 | — | $21,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WINDES, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $196,742
- Estimated Expense Ratio: 0.113% 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 | $175,944 | — | — | $21,500 | — |
| 2023 | $171,673 | — | — | $22,500 | — |
| 2022 | $153,179 | — | — | — | $60,000 |