Plan Snapshot
- Plan Sponsor: Meruelo Group LLC
- Sponsor EIN: 901017707
- Sponsor Address: 9550 FIRESTONE BLVD STE 105, DOWNEY, CA, 902415560
- Plan Type: 401(k)
- Total Participants: 3,458
- Total Assets: $124.5M
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 | 3,458 | $124.5M | $2.7M | $12.5M |
| 2023 | 6,026 | $109.2M | $2.5M | $12.3M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $118,376 | — | $118,376 |
| MARILYN RYDING | OTHER | $64,000 | — | $64,000 |
| BAKER TILLY US LLP | AUDITOR | $22,000 | — | $22,000 |
| BAKER TILLY US, LLP | Auditor | $22,000 | — | $22,000 |
| THE RETIREMENT COMPANY INC DBA THE | CONSULTING | $11,500 | — | $11,500 |
| CAPITAL SYNERGY PARTNERS | BROKER/ADVISER | — | $10,644 | $10,644 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $7,985 | — | $7,985 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US LLP — AUDITOR
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $256,505
- Estimated Expense Ratio: 0.206% 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 | $224,355 | $19,485 | — | $22,000 | — |
| 2023 | $210,978 | $206 | $29,000 | — | — |