Plan Snapshot
- Plan Sponsor: Santa Barbara Metropolitan Transit District
- Sponsor EIN: 952546247
- Sponsor Address: 550 OLIVE STREET, SANTA BARBARA, CA, 93101
- Plan Type: DC
- Total Participants: 39
- Total Assets: $9.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 39 | $9.1M | $351,531 | $328,597 |
| 2023 | 41 | $8.3M | $311,470 | $287,834 |
| 2022 | 32 | $7.0M | $271,129 | $299,719 |