Plan Snapshot
- Plan Sponsor: Griffith Company
- Sponsor EIN: 950795590
- Sponsor Address: 3050 E BIRCH STREET, BREA, CA, 928215500
- Plan Type: 401(k)
- Plan Number: 005
- Total Participants: 276
- Total Assets: $15.3M
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 | 276 | $15.3M | $218,731 | $1.3M |
| 2023 | 226 | $11.5M | $184,797 | $1.1M |
| 2022 | 201 | $10.5M | $158,867 | $961,821 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $33,244 | — | $33,244 |
| RBC CAPITAL MARKETS LLC | Investment Advisor | $19,999 | $1 | $20,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC CAPITAL MARKETS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,244
- Estimated Expense Ratio: 0.349% 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 | $53,243 | $19,999 | $33,244 | — | — |
| 2023 | $44,338 | $19,953 | $24,385 | — | — |
| 2022 | $43,643 | $19,998 | $23,645 | — | — |