Plan Snapshot
- Plan Sponsor: Liferay, INC.
- Sponsor EIN: 300383279
- Sponsor Address: 1400 MONTEFINO AVENUE, DIAMOND BAR, CA, 91765
- Plan Type: 401(k)
- Total Participants: 207
- Total Assets: $22.7M
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 | 207 | $22.7M | $655,500 | $2.2M |
| 2023 | 240 | $19.3M | $741,257 | $2.4M |
| 2022 | 276 | $15.3M | $735,728 | $2.5M |
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 |
|---|---|---|---|---|
| WEDBUSH SECURITIES INC | INVESTMENT ADVISOR | $48,979 | — | $48,979 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $38,179 | — | $38,179 |
| GRUBER AND LOPEZ, INC. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $87,158
- Estimated Expense Ratio: 0.384% 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 | $87,158 | $48,979 | — | — | — |
| 2023 | $72,354 | $40,410 | — | — | — |
| 2022 | $74,709 | $37,723 | $36,986 | — | — |