Plan Snapshot
- Plan Sponsor: Monterey Pacific, LLC
- Sponsor EIN: 770298005
- Sponsor Address: 40410 ARROYO SECO ROAD, SOLEDAD, CA, 93960
- Plan Type: 401(k)
- Total Participants: 245
- Total Assets: $8.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 245 | $8.9M | $161,351 | $686,215 |
| 2023 | 218 | $8.1M | $132,071 | $697,916 |
| 2022 | 190 | $6.7M | $115,342 | $603,016 |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — 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 | $35,320 | — | $35,320 | — | — |
| 2023 | $48,592 | — | $48,592 | — | — |
| 2022 | $37,375 | $33,340 | $4,035 | — | — |