Plan Snapshot
- Plan Sponsor: Solheim Lutheran Home
- Sponsor EIN: 951643384
- Sponsor Address: 2236 MERTON AVENUE, LOS ANGELES, CA, 900411915
- Plan Type: 401(k)
- Total Participants: 161
- Total Assets: $7.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 161 | $7.5M | $317,292 | $283,338 |
| 2023 | 158 | $7.2M | $266,997 | $268,622 |
| 2022 | 134 | $6.9M | $248,682 | $246,394 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | RECORDKEEPER | $42,358 | $57 | $42,415 |
| THE BALDWIN GROUP WEALTH ADVISORS L | CONSULTANT | $17,584 | — | $17,584 |
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — RECORDKEEPER
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,999
- Estimated Expense Ratio: 0.797% 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 | $61,335 | — | $61,335 | — | — |
| 2023 | $71,595 | — | $71,595 | — | — |
| 2022 | $62,617 | — | $62,617 | — | — |