Plan Snapshot
- Plan Sponsor: The Beach Club
- Sponsor EIN: 950533060
- Sponsor Address: 201 PALISADES BEACH ROAD, SANTA MONICA, CA, 90402
- Plan Type: 401(k)
- Total Participants: 112
- Total Assets: $7.2M
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 | 112 | $7.2M | $341,468 | $277,812 |
| 2023 | 89 | $6.5M | $265,747 | $215,157 |
| 2022 | 71 | $5.5M | $217,396 | $194,473 |
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 |
|---|---|---|---|---|
| KESTRA INVESTMENT SERVICES, LLC | INVESTMENT ADVISORY | $18,452 | — | $18,452 |
| TRANSAMERICA REITREMENT SOLUTIONS | RECORDKEEPER | $8,550 | — | $8,550 |
| EGAN CPAS LP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA INVESTMENT SERVICES, LLC — INVESTMENT ADVISORY
- TRANSAMERICA REITREMENT SOLUTIONS — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,002
- Estimated Expense Ratio: 0.373% 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 | $27,002 | $18,452 | — | — | — |
| 2023 | $20,266 | $13,218 | — | — | — |
| 2022 | $22,083 | $1,137 | — | — | — |