Plan Snapshot
- Plan Sponsor: Smk Business Center, LLC Dba Capitol Bridge Health Services
- Sponsor EIN: 463114143
- Sponsor Address: 1 ALMADEN BLVD STE 750, SAN JOSE, CA, 95113
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 906
- Total Assets: $1.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 906 | $1.3M | $5.7M | $303,408 |
| 2023 | 0 | $1.2M | $3.1M | $0 |
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 |
|---|---|---|---|---|
| FCE BENEFIT ADMINISTRATORS, INC. | Other Service Provider | $552,536 | — | $552,536 |
| TRUST MANAGEMENT SERVICES | Other Service Provider | $59,207 | — | $59,207 |
| UNITED WORKERS WELLNESS EAP | Other Service Provider | $8,264 | — | $8,264 |
| CIGNA HEALTH & LIFE INSURANCE CO. | Other Service Provider | $6,485 | — | $6,485 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $626,492
- Estimated Expense Ratio: 46.898% 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 | $619,490 | — | — | — | — |
| 2023 | $2,768,326 | — | — | — | — |