Plan Snapshot
- Plan Sponsor: Ff Properties LP
- Sponsor EIN: 330775355
- Sponsor Address: 5355 MIRA SORRENTO PLACE SUITE 100, SAN DIEGO, CA, 92121
- Plan Type: 401(k)
- Total Participants: 1,419
- Total Assets: $162.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,419 | $162.3M | $2.9M | $10.7M |
| 2023 | 1,381 | $145.1M | $2.8M | $10.6M |
| 2022 | 1,326 | $120.2M | $2.5M | $9.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $215,201 | — | $215,201 |
| NFP RETIREMENT INC | INVESTMENT ADVISOR | $40,000 | — | $40,000 |
| LAVINE LOFGREN MORRIS & ENGELBERG L | AUDITOR | $26,900 | — | $26,900 |
| LAVINE, LOFGREN, MORRIS & ENGEL | Auditor | $26,900 | — | $26,900 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $309,001
- Estimated Expense Ratio: 0.190% 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 | $321,334 | $40,000 | — | $26,900 | — |
| 2023 | $248,177 | $40,000 | $182,984 | $24,760 | — |
| 2022 | $258,094 | $30,000 | $177,834 | — | $49,400 |