# Savings Bank Of Mendocino County 401(k) Plan
Source: https://planprovider.pro/companies/savings-bank-of-mendocino-county-401k-plan

> Savings Bank Of Mendocino County&#39;s 401(k) plan: 177 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Savings Bank Of Mendocino County

- **Sponsor EIN:** 940844065

- **Sponsor Address:** 200 N SCHOOL STREET, UKIAH, CA, 95482

- **Plan Type:** 401(k)

- **Total Participants:** 177

- **Total Assets:** $24.7M

## 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.|

| 2024|177|$24.7M|$675,047|$889,679|

| 2023|191|$22.5M|$1.4M|$866,207|

| 2022|183|$19.2M|$1.1M|$830,822|

## 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|

| MANN URRUTIA NELSON CPA & ASSOCIATE|OTHER|$7,468|—|$7,468|

| MUN CPAS, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MUN CPAS, LLP](https://planprovider.pro/provider/mun-cpas-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $7,468

- **Estimated Expense Ratio:** 0.030% 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|$11,174|—|—|—|—|

| 2023|$3,670|—|—|—|—|

| 2022|$2,938|—|$2,938|—|—|

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