Plan Snapshot
- Plan Sponsor: Multi Media, LLC
- Sponsor EIN: 452137748
- Sponsor Address: 400 SPECTRUM CENTER DR, IRVINE, CA, 92618
- Plan Type: 401(k)
- Total Participants: 347
- Total Assets: $19.0M
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 | 347 | $19.0M | $1.3M | $2.0M |
| 2023 | 312 | $14.2M | $1.2M | $1.7M |
| 2022 | 190 | $7.2M | $635,705 | $827,643 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $68,536 | — | $68,536 |
| MML INSURANCE AGENCY LLC | OTHER SERVICES | — | $33,195 | $33,195 |
| FARMER & BETTS | CONTRACT ADMINISTRATOR | $8,250 | $6,765 | $15,015 |
| VERIDIAN CPAS, PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $116,746
- Estimated Expense Ratio: 0.614% 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 | $75,653 | $75,653 | — | — | — |
| 2023 | $70,530 | $70,530 | — | — | — |
| 2022 | $35,378 | — | — | — | $35,378 |