Plan Snapshot
- Plan Sponsor: Adk Electric Corporation
- Sponsor EIN: 800367107
- Sponsor Address: 3773 S. JASON ST. UNIT 1, ENGLEWOOD, CO, 80110
- Plan Type: 401(k)
- Total Participants: 147
- Total Assets: $2.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 147 | $2.3M | $6,991 | $100,848 |
| 2023 | 124 | $2.2M | $6,785 | $124,620 |
| 2022 | 252 | $2.1M | $85,310 | $130,560 |
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 |
|---|---|---|---|---|
| BROCK AND COMPANY, CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BROCK AND COMPANY, CPAS P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $21,551 | $7,700 | $13,851 | — | — |
| 2023 | $19,838 | $7,435 | $12,403 | — | — |
| 2022 | $21,269 | $7,689 | $13,580 | — | — |