Plan Snapshot
- Plan Sponsor: Morley Builders, INC.
- Sponsor EIN: 953920697
- Sponsor Address: 3330 OCEAN PARK BLVD, SANTA MONICA, CA, 904053240
- Plan Type: 401(k)
- Total Participants: 141
- Total Assets: $36.8M
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 | 141 | $36.8M | $0 | $1.8M |
| 2023 | 157 | $32.5M | $0 | $1.6M |
| 2022 | 142 | $28.1M | $0 | $1.7M |
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 | $36,018 | — | $36,018 |
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: $36,018
- Estimated Expense Ratio: 0.098% 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 | $116,991 | — | $80,973 | $36,018 | — |
| 2023 | $97,752 | $10,499 | $82,004 | $5,249 | — |
| 2022 | $91,142 | — | $78,011 | — | $13,131 |