Plan Snapshot
- Plan Sponsor: Ada Technologies, INC.
- Sponsor EIN: 311454397
- Sponsor Address: 805 E. NORTH AVE., ADA, OH, 458101809
- Plan Type: 401(k)
- Total Participants: 101
- Total Assets: $7.8M
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 | 101 | $7.8M | $97,092 | $330,372 |
| 2023 | 107 | $7.1M | $105,375 | $315,750 |
| 2022 | 124 | $5.8M | $90,030 | $260,177 |
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 | NONE | $31,844 | $5,499 | $37,343 |
| CONSOLIDATED FINANCIAL MANAGEMENT | NONE | $20,623 | — | $20,623 |
| CLARK, SCHAFER HACKETT | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,966
- Estimated Expense Ratio: 0.739% 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 | $52,467 | $20,623 | $31,844 | — | — |
| 2023 | $47,279 | $18,653 | $28,626 | — | — |
| 2022 | $49,841 | — | $49,841 | — | — |