Plan Snapshot
- Plan Sponsor: Odu-Usa INC
- Sponsor EIN: 770097866
- Sponsor Address: 300 CAMARILLO RANCH ROAD A, CAMARILLO, CA, 93012
- Plan Type: 401(k)
- Total Participants: 101
- Total Assets: $9.7M
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 | 101 | $9.7M | $377,753 | $912,425 |
| 2023 | 98 | $8.2M | $313,865 | $839,040 |
| 2022 | 121 | $6.4M | $279,502 | $739,589 |
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 |
|---|---|---|---|---|
| MONARCH CORPORATE ADVISORS INC | Investment Advisor | $30,897 | — | $30,897 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $10,969 | — | $10,969 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,866
- Estimated Expense Ratio: 0.432% 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 | $44,569 | $33,600 | — | — | — |
| 2023 | $25,751 | $24,432 | — | — | — |
| 2022 | — | — | — | — | — |