Plan Snapshot
- Plan Sponsor: Induspac California, INC.
- Sponsor EIN: 943340518
- Sponsor Address: 38505 CHERRY STREET, NEWARK, CA, 94560
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 293
- Total Assets: $6.8M
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 | 293 | $6.8M | $332,074 | $592,732 |
| 2023 | 244 | $5.7M | $301,076 | $591,391 |
| 2022 | 285 | $4.7M | $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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $56,086 | — | $56,086 |
| CREATIVE PLANNING HOLD CO, LLC | Investment Advisor | — | $14,344 | $14,344 |
| MMA SECURITIES LLC | Investment Advisor | — | $11,201 | $11,201 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING HOLD CO, LLC — Investment Advisor
- MMA SECURITIES LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $81,631
- Estimated Expense Ratio: 1.196% 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 | $56,086 | — | $55,836 | — | — |
| 2023 | $35,166 | — | $34,916 | — | — |
| 2022 | $103,710 | — | — | — | — |