Plan Snapshot
- Plan Sponsor: Fralock, LLC
- Sponsor EIN: 952558697
- Sponsor Address: 28525 WEST INDUSTRY DRIVE, VALENCIA, CA, 91355
- Plan Type: 401(k)
- Total Participants: 639
- Total Assets: $31.7M
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 | 639 | $31.7M | $779,251 | $2.6M |
| 2023 | 661 | $26.4M | $649,089 | $2.8M |
| 2022 | 788 | $20.9M | $608,902 | $2.6M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $83,336 | $49,713 | — | — | — |
| 2023 | $63,962 | $39,827 | — | $4,282 | — |
| 2022 | $60,942 | — | — | — | — |