Plan Snapshot
- Plan Sponsor: The Bowen Consulting Group, INC.
- Sponsor EIN: 204032003
- Sponsor Address: 1528 SOUTH EL CAMINO REAL, SUITE407, SAN MATEO, CA, 94402
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 253
- Total Assets: $493,388
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 | 253 | $493,388 | $2.1M | $0 |
| 2023 | 261 | $428,919 | $1.7M | $105 |
| 2022 | 239 | $418,277 | $1.4M | $2,851 |
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 | $294,397 | $7,542 | $301,939 |
| CIGNA HEALTH AND LIFE INSURANCE COM | Other Service Provider | $44,320 | — | $44,320 |
| FIDUCIARY PLAN MANAGEMENT SERVICES | Other Service Provider | $30,538 | — | $30,538 |
| BUSINESS BENEFTIS GROUP | Other Service Provider | $29,778 | — | $29,778 |
| INEICH & COMPANY, LLP | Auditor | $21,000 | — | $21,000 |
| UNITED WORKERS WELLNESS | Other Service Provider | $6,196 | — | $6,196 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- INEICH & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $433,771
- Estimated Expense Ratio: 87.917% 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 | $377,638 | — | — | $21,000 | — |
| 2023 | $303,676 | — | — | $20,000 | — |
| 2022 | $245,516 | — | $139,265 | — | $40,808 |