Plan Snapshot
- Plan Sponsor: The Niello Company
- Sponsor EIN: 942636553
- Sponsor Address: 1481 RIVER PARK DR., SACRAMENTO, CA, 95815
- Plan Type: 401(k)
- Total Participants: 511
- Total Assets: $56.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 511 | $56.1M | $999,306 | $4.8M |
| 2022 | 493 | $46.1M | $947,036 | $4.5M |
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 |
|---|---|---|---|---|
| CAPTRUST INVESTMENT ADVISORS | INVESTMENT ADVISOR | $273,140 | — | $273,140 |
| MILLIMAN, INC. | NONE | $99,396 | — | $99,396 |
| CHARLES SCHWAB TRUST BANK | NONE | — | $14,016 | $14,016 |
| POMARES & CO. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC. — NONE
- CHARLES SCHWAB TRUST BANK — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $386,552
- Estimated Expense Ratio: 0.689% 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 |
|---|---|---|---|---|---|
| 2023 | $187,888 | $136,570 | — | — | — |
| 2022 | $188,149 | — | — | — | $188,149 |