# Ada Technologies, INC. 401(k) Plan
Source: https://planprovider.pro/companies/ada-technologies-inc-401k-plan

> Ada Technologies, INC.'s 401(k) plan: 101 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/charles-schwab-and-co-inc) — 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|—|—|

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