Plan Snapshot
- Plan Sponsor: Golden Empire Mortgage, INC.
- Sponsor EIN: 770158990
- Sponsor Address: 1200 DISCOVERY DRIVE,, BAKERSFIELD, CA, 93309
- Plan Type: 401(k)
- Total Participants: 413
- Total Assets: $21.2M
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 | 413 | $21.2M | $0 | $1.7M |
| 2023 | 349 | $19.6M | $0 | $1.2M |
| 2022 | 436 | $18.0M | $2,706 | $1.8M |
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 |
|---|---|---|---|---|
| HPM PARTNERS, LLC | INVESTMENT/FINANCIAL ADVI | $68,832 | — | $68,832 |
| ADP, INC. | RECORD KEEPER | $26,582 | — | $26,582 |
| BARBICH HOOPER KING DILL & HOFFM | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,414
- Estimated Expense Ratio: 0.450% 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 | $95,414 | $68,832 | — | — | — |
| 2023 | $110,019 | — | $5,420 | — | — |
| 2022 | $98,245 | $84,444 | $10,440 | — | $3,361 |