Plan Snapshot
- Plan Sponsor: Mission Economic Development Agency
- Sponsor EIN: 510187791
- Sponsor Address: 2301 MISSION STREET, SUITE 301, SAN FRANCISCO, CA, 94110
- Plan Type: 401(k)
- Total Participants: 85
- Total Assets: $6.7M
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 | 85 | $6.7M | $240,181 | $821,605 |
| 2023 | 94 | $5.3M | $224,462 | $753,313 |
| 2022 | 86 | $4.0M | $246,033 | $581,607 |
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 |
|---|---|---|---|---|
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — 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 | $40,276 | — | $40,276 | — | — |
| 2023 | $32,155 | — | $32,155 | — | — |
| 2022 | $23,840 | — | $23,840 | — | — |