Plan Snapshot
- Plan Sponsor: The Barnes Firm Lc
- Sponsor EIN: 464192161
- Sponsor Address: 633 WEST 5TH STREET #1750, LOS ANGELES, CA, 90071
- Plan Type: 401(k)
- Total Participants: 158
- Total Assets: $12.2M
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 | 158 | $12.2M | $570,176 | $1.2M |
| 2023 | 153 | $9.6M | $559,136 | $1.2M |
| 2022 | 140 | $6.9M | $3,734 | $864,920 |
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 |
|---|---|---|---|---|
| FREED MAXICK P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $105,138 | $105,138 | — | — | — |
| 2023 | $81,123 | $81,123 | — | — | — |
| 2022 | $71,455 | $71,455 | — | — | — |