Plan Snapshot
- Plan Sponsor: 1st Electric Contractors, INC.
- Sponsor EIN: 205021990
- Sponsor Address: 8169 SOUTHPARK CIR., LITTLETON, CO, 80120
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 106
- Total Assets: $6.4M
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. |
|---|---|---|---|---|
| 2025 | 106 | $6.4M | $0 | $0 |
| 2024 | 95 | $5.9M | $289,447 | $427,204 |
| 2023 | 116 | $4.7M | $240,632 | $363,909 |
| 2022 | 87 | $4.3M | $71,862 | $278,853 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Other Service Provider | $33,884 | — | $33,884 |
| GLOBAL RETIREMENT PARTNERS, LLC | Other Service Provider | $12,657 | — | $12,657 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,541
- Estimated Expense Ratio: 0.724% 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 |
|---|---|---|---|---|---|
| 2025 | $985,986 | $12,657 | $11,487 | — | — |
| 2024 | $20,961 | $14,450 | $6,511 | — | — |
| 2023 | $17,881 | — | $17,881 | — | — |
| 2022 | $20,661 | — | $20,661 | — | — |