Plan Snapshot
- Plan Sponsor: Motivational Systems, INC.
- Sponsor EIN: 953003017
- Sponsor Address: 2200 CLEVELAND AVE, NATIONAL CITY, CA, 91950
- Plan Type: 401(k)
- Total Participants: 103
- Total Assets: $11.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 103 | $11.7M | $0 | $503,295 |
| 2023 | 98 | $9.4M | $0 | $448,384 |
| 2022 | 99 | $7.6M | $0 | $348,146 |
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 |
|---|---|---|---|---|
| ROYAL ALLIANCE ASSOCIATES, INC. | INVESTMENT/FINANCIAL ADVI | $34,139 | — | $34,139 |
| GATTO POPE & WALWICK | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ROYAL ALLIANCE ASSOCIATES, INC. — INVESTMENT/FINANCIAL ADVI
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,139
- Estimated Expense Ratio: 0.291% 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 | $37,855 | $34,455 | — | — | — |
| 2023 | $29,551 | $27,260 | — | — | — |
| 2022 | $47,502 | — | — | — | — |