Plan Snapshot
- Plan Sponsor: Highbury Defense Group
- Sponsor EIN: 460780667
- Sponsor Address: 2725 CONGRESS STREET, SUITE 1M, SAN DIEGO, CA, 92110
- Plan Type: 401(k)
- Total Participants: 188
- Total Assets: $13.5M
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 | 188 | $13.5M | $769,026 | $1.7M |
| 2023 | 173 | $9.8M | $602,375 | $1.3M |
| 2022 | 155 | $6.3M | $470,309 | $1.0M |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | INVESTMENT ADVISOR | $34,356 | — | $34,356 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $30,945 | — | $30,945 |
| PREMIER PLAN CONSULTANTS INC | CONTRACT ADMIN | $3,763 | $5,726 | $9,489 |
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,790
- Estimated Expense Ratio: 0.554% 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 | $64,857 | — | — | — | — |
| 2023 | $35,273 | $19,961 | $3,425 | — | — |
| 2022 | $30,260 | $18,385 | $11,875 | — | — |