Plan Snapshot
- Plan Sponsor: Smbc Manubank
- Sponsor EIN: 952221647
- Sponsor Address: 515 SOUTH FIGUEROA STREET 5TH FLR, LOS ANGELES, CA, 90071
- Plan Type: 401(k)
- Total Participants: 889
- Total Assets: $106.4M
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 | 889 | $106.4M | $5.6M | $10.1M |
| 2023 | 771 | $83.1M | $5.3M | $7.8M |
| 2022 | 583 | $62.1M | $1.3M | $4.8M |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | NONE | $56,250 | — | $56,250 |
| EMPOWER ANNUITY INSURANCE COMPANY O | NONE | $52,348 | — | $52,348 |
| COHNREZNICK LLP | NONE | $46,111 | — | $46,111 |
| COHNREZNICK | Auditor | $35,282 | — | $35,282 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $189,991
- Estimated Expense Ratio: 0.179% 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 | $157,489 | $56,250 | — | $35,282 | — |
| 2023 | $152,335 | $22,500 | — | $36,016 | — |
| 2022 | $194,757 | $170,236 | $12,725 | — | $10,556 |