Plan Snapshot
- Plan Sponsor: Mission Loans, LLC
- Sponsor EIN: 341633105
- Sponsor Address: 5 PARK PLAZA, SUITE 900, IRVINE, CA, 92614
- Plan Type: 401(k)
- Total Participants: 12
- Total Assets: $48,541
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 12 | $48,541 | $0 | $430,876 |
| 2023 | 111 | $3.2M | $13,960 | $833,544 |
| 2022 | 214 | $3.7M | $0 | $1.4M |
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 |
|---|---|---|---|---|
| NICHOLAS & ROBISON ACCOUNTING | Auditor | — | — | $0 |
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 | $13,000 | — | $11,000 | — | — |
| 2023 | $13,200 | — | $12,400 | — | — |
| 2022 | $6,300 | — | — | — | — |