Plan Snapshot
- Plan Sponsor: Montecito Retirement Association D/B/A Casa Dorinda
- Sponsor EIN: 237425754
- Sponsor Address: 300 HOT SPRINGS RD, SANTA BARBARA, CA, 93108
- Plan Type: 403(b)
- Total Participants: 325
- Total Assets: $22.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 325 | $22.8M | $988,925 | $823,275 |
| 2023 | 310 | $20.9M | $837,842 | $723,318 |
| 2022 | 253 | $18.5M | $786,160 | $722,360 |
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 |
|---|---|---|---|---|
| BARTLETT, PRINGLE & WOLF LLP | 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 | $130,717 | $82,120 | — | — | — |
| 2023 | $184,240 | $135,524 | — | — | — |
| 2022 | $195,280 | $74,389 | $120,891 | — | — |