Plan Snapshot
- Plan Sponsor: The Converse Professional Group
- Sponsor EIN: 954020122
- Sponsor Address: 717 S. MYRTLE AVE., MONROVIA, CA, 91016
- Plan Type: 401(k)
- Total Participants: 118
- Total Assets: $18.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 118 | $18.8M | $191,652 | $429,321 |
| 2023 | 107 | $16.1M | $174,749 | $437,427 |
| 2022 | 93 | $14.3M | $185,409 | $429,204 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | RECORDKEEPER | $23,110 | — | $23,110 |
| DOUGHERTY & COMPANY | AUDITOR | $9,900 | — | $9,900 |
| LEAFHOUSE FINANCIAL ADVISORS, LLC | INVESTMENT ADVISOR | $8,571 | — | $8,571 |
| ONEAMERICA SECURITIES INC | BROKER/ADVISOR | — | $6,542 | $6,542 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DOUGHERTY & COMPANY — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,123
- Estimated Expense Ratio: 0.256% 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 | $32,907 | — | — | — | — |
| 2023 | $30,785 | — | — | — | — |
| 2022 | $32,981 | $32,981 | — | — | — |