Plan Snapshot
- Plan Sponsor: Franklin Loan Center
- Sponsor EIN: 330397503
- Sponsor Address: 44800 VILLAGE CT, PALM DESERT, CA, 922603811
- Plan Type: 401(k)
- Total Participants: 147
- Total Assets: $9.7M
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 | 147 | $9.7M | $175,802 | $743,494 |
| 2023 | 138 | $8.7M | $224,639 | $756,660 |
| 2022 | 137 | $8.3M | $234,519 | $962,905 |
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 |
|---|---|---|---|---|
| CAMBALIZA MCGEE LLP | Auditor | — | — | $0 |
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 | $21,629 | $5,679 | $3,100 | — | — |
| 2023 | $56,882 | — | $1,000 | — | — |
| 2022 | $107,830 | $26,037 | $40,154 | — | — |