Plan Snapshot
- Plan Sponsor: Smith Chason College, INC.
- Sponsor EIN: 954686517
- Sponsor Address: 3580 WILSHIRE BLVD., 4TH FLOOR, LOS ANGELES, CA, 90010
- Plan Type: 401(k)
- Total Participants: 409
- Total Assets: $4.5M
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 | 409 | $4.5M | $283 | $542,297 |
| 2023 | 334 | $3.6M | $0 | $548,763 |
| 2022 | 294 | $2.7M | $0 | $513,614 |
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 |
|---|---|---|---|---|
| WELLTH ADVISORY SERVICES, LLC | INVESTMENT SERVICES | $9,032 | — | $9,032 |
| GLOBAL RETIREMENT PARTNERS | INVESTMENT SERVICES | $8,632 | — | $8,632 |
| PENSION ASSURANCE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS — INVESTMENT SERVICES
- PENSION ASSURANCE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,664
- Estimated Expense Ratio: 0.389% 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 | $61,475 | $17,664 | $43,811 | — | — |
| 2023 | $46,035 | $14,265 | $31,770 | — | — |
| 2022 | $40,330 | $12,597 | $27,733 | — | — |