Plan Snapshot
- Plan Sponsor: Proactive Business Solutions,
- Sponsor EIN: 943311770
- Sponsor Address: 1290 B STREET, #208, HAYWARD, CA, 94541
- Plan Type: 401(k)
- Total Participants: 87
- Total Assets: $3.3M
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 | 87 | $3.3M | $0 | $417,012 |
| 2023 | 104 | $3.1M | $0 | $415,884 |
| 2022 | 89 | $3.0M | $0 | $461,770 |
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 |
|---|---|---|---|---|
| PROACTIVE BUSINESS SOLUTIONS INC | Investment Advisor | $18,404 | — | $18,404 |
| ADP, INC. | Recordkeeper | $17,330 | — | $17,330 |
| PORTICO WEALTH ADVISORS, LLC | Investment Advisor | $15,684 | — | $15,684 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,418
- Estimated Expense Ratio: 1.559% 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 | $51,419 | $34,089 | — | — | — |
| 2023 | $16,839 | $3,417 | — | — | — |
| 2022 | $12,229 | — | — | — | — |