Plan Snapshot
- Plan Sponsor: Manna Development Group, LLC
- Sponsor EIN: 680559765
- Sponsor Address: 2211 ENCINITAS BLVD STE 100, ENCINITAS, CA, 92024
- Plan Type: 401(k)
- Total Participants: 6,915
- Total Assets: $18.0M
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 | 6,915 | $18.0M | $755,750 | $1.9M |
| 2023 | 2,295 | $14.6M | $864,073 | $1.6M |
| 2022 | 2,290 | $10.5M | $658,504 | $1.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $71,109 | — | $71,109 |
| OCTAVIA WEALTH ADVISORS | ADVISOR | $27,647 | — | $27,647 |
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,756
- Estimated Expense Ratio: 0.548% 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 | $100,601 | $29,492 | — | — | — |
| 2023 | $59,908 | $9,714 | — | — | — |
| 2022 | $89,990 | — | $89,990 | — | — |