Plan Snapshot
- Plan Sponsor: The East Los Angeles Community Union
- Sponsor EIN: 952554256
- Sponsor Address: 5400 EAST OLYMPIC BLVD. SUITE 300, LOS ANGELES, CA, 900225187
- Plan Type: 401(k)
- Total Participants: 423
- Total Assets: $44.1M
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 | 423 | $44.1M | $446,029 | $2.2M |
| 2023 | 421 | $42.6M | $420,687 | $2.1M |
| 2022 | 424 | $38.7M | $409,909 | $2.0M |
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 |
|---|---|---|---|---|
| HEDMAN PARTNERS LLP | AUDITOR | $15,750 | — | $15,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HEDMAN PARTNERS LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,750
- Estimated Expense Ratio: 0.036% 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 | $42,645 | — | $2,325 | $15,750 | — |
| 2023 | $46,494 | — | $27,427 | $250 | — |
| 2022 | $37,971 | — | — | — | $37,971 |