Plan Snapshot
- Plan Sponsor: Grid Alternatives, INC.
- Sponsor EIN: 260043353
- Sponsor Address: 1171 OCEAN AVENUE, OAKLAND, CA, 94608
- Plan Type: 401(k)
- Total Participants: 321
- Total Assets: $12.8M
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 | 321 | $12.8M | $230,729 | $1.3M |
| 2023 | 293 | $9.8M | $150,125 | $1.1M |
| 2022 | 268 | $7.3M | $133,934 | $882,716 |
| 2021 | 236 | $7.8M | $0 | $0 |
| 2020 | 218 | $6.3M | $0 | $0 |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | THIRD PARTY ADMINISTRATO | $27,023 | — | $27,023 |
| BELFINT, LYONS & SHUMAN, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — THIRD PARTY ADMINISTRATO
- BELFINT, LYONS & SHUMAN, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,023
- Estimated Expense Ratio: 0.212% 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 | $27,023 | — | $27,023 | — | — |
| 2023 | $23,252 | — | $23,252 | — | — |
| 2022 | $20,402 | — | $20,402 | — | — |
| 2021 | $17,741 | — | $17,741 | — | — |
| 2020 | $15,818 | — | $15,818 | — | — |