Plan Snapshot
- Plan Sponsor: Peg Lion, LLC
- Sponsor EIN: 330826840
- Sponsor Address: 3700 OCEANIC WAY STE 101, OCEANSIDE, CA, 92056
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,498
- Total Assets: $1.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,498 | $1.3M | $9.1M | $0 |
| 2023 | 1,613 | $1.4M | $8.9M | $3,487 |
| 2022 | 1,280 | $2.0M | $8.7M | $3,080 |
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 |
|---|---|---|---|---|
| MVI ADMINISTRATORS INSURANCE INC. | Other Service Provider | $306,622 | — | $306,622 |
| VENBROOK INSURANCE SERVICES | Other Service Provider | $127,398 | — | $127,398 |
| INSURANCE OFFICE OF AMERICA, INC. | Other Service Provider | $61,134 | — | $61,134 |
| NEWFRONT INSURANCE SERVICES, LLC | Other Service Provider | $48,729 | — | $48,729 |
| EIDE BAILLY, LLP | Auditor | $29,475 | — | $29,475 |
| ACRISURE LLC DBA BEAL INSURANCE | Other Service Provider | $25,055 | — | $25,055 |
| KENNETH KYLE SHALLAHAMER | Other Service Provider | $22,466 | — | $22,466 |
| HUB INTERNATIONAL INSURANCE SERVICE | Other Service Provider | $18,384 | — | $18,384 |
| LAQUER, URBAN, CLIFFORD & HODGE LLP | Other Service Provider | $14,651 | — | $14,651 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $653,914
- Estimated Expense Ratio: 48.825% 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 | $805,711 | — | $306,622 | $29,475 | — |
| 2023 | $779,349 | — | $305,036 | $18,000 | — |
| 2022 | $755,046 | — | $255,525 | — | $331,580 |