Plan Snapshot
- Plan Sponsor: Modern Animal, INC
- Sponsor EIN: 832852592
- Sponsor Address: 3859 CARDIFF AVE, CULVER CITY, CA, 90232
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $7.6M
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 | 0 | $7.6M | $383,942 | $2.1M |
| 2022 | 214 | $1.7M | $0 | $0 |
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 |
|---|---|---|---|---|
| THE BALDWIN GROUP WEALTH ADVISORS L | Investment Advisor | $31,592 | — | $31,592 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $31,342 | — | $31,342 |
| REGATTA CAPITAL GROUP LLC | Investment Advisor | $7,575 | — | $7,575 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,509
- Estimated Expense Ratio: 0.934% 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 | $51,047 | $19,455 | — | — | — |
| 2022 | $210,782 | — | $3,879 | — | — |