Plan Snapshot
- Plan Sponsor: Terrio Therapy-Fitness, INC.
- Sponsor EIN: 912073074
- Sponsor Address: 3400 CALLOWAY DRIVE SUITE 603, BAKERSFIELD, CA, 93312
- Plan Type: 401(k)
- Total Participants: 181
- Total Assets: $10.9M
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 | 181 | $10.9M | $221,073 | $490,377 |
| 2023 | 151 | $9.2M | $214,057 | $480,803 |
| 2022 | 134 | $7.2M | $199,056 | $427,859 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $83,042 | — | $83,042 |
| AMERIPRISE FINANCIAL SERVICES INC | OTHER SERVICES | — | $31,865 | $31,865 |
| DANIELLS PHILLIPS VAUGHAN AND BOCK | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERIPRISE FINANCIAL SERVICES INC — OTHER SERVICES
- DANIELLS PHILLIPS VAUGHAN AND BOCK — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $114,907
- Estimated Expense Ratio: 1.052% 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 | $83,042 | — | $83,042 | — | — |
| 2023 | $65,664 | — | $65,664 | — | — |
| 2022 | $60,788 | — | $60,788 | — | — |