Plan Snapshot
- Plan Sponsor: Robert Heely, INC.
- Sponsor EIN: 953189622
- Sponsor Address: 5401 WOODMERE DRIVE, BAKERSFIELD, CA, 93313
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 134
- Total Assets: $3.7M
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. |
|---|---|---|---|---|
| 2023 | 134 | $3.7M | $49,693 | $363,792 |
| 2022 | 169 | $3.2M | $56,388 | $347,812 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $33,082 | — | $33,082 |
| PENSIONMARK FINANCIAL GROUP LLC | Investment Advisor | $14,269 | — | $14,269 |
| HICKS PENSION SERVICES | Other Service Provider | $3,825 | $3,566 | $7,391 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,742
- Estimated Expense Ratio: 1.463% 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 |
|---|---|---|---|---|---|
| 2023 | $47,824 | — | $47,824 | — | — |
| 2022 | $41,359 | — | $41,359 | — | — |