Plan Snapshot
- Plan Sponsor: West Coast Materials, INC.
- Sponsor EIN: 205371599
- Sponsor Address: 7282 ORANGETHORPE AVE., BUENA PARK, CA, 90621
- Plan Type: 401(k)
- Total Participants: 683
- Total Assets: $51.2M
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. |
|---|---|---|---|---|
| 2024 | 683 | $51.2M | $1.8M | $3.9M |
| 2023 | 600 | $43.1M | $1.7M | $3.5M |
| 2022 | 584 | $33.6M | $630,548 | $3.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $78,046 | — | $78,046 |
| GLOBAL RETIREMENT PARTNERS LLC | ADVISOR | $28,000 | — | $28,000 |
| WRIGHT FORD YOUNG & CO | ACCOUNTANT/AUDITOR | $14,500 | — | $14,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- GLOBAL RETIREMENT PARTNERS LLC — ADVISOR
- WRIGHT FORD YOUNG & CO — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $120,546
- Estimated Expense Ratio: 0.235% 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 | $120,546 | $28,000 | — | $14,500 | — |
| 2023 | $123,873 | $28,000 | $900 | $13,750 | — |
| 2022 | $120,862 | — | — | — | — |