Plan Snapshot
- Plan Sponsor: Always Answer, INC.
- Sponsor EIN: 752207209
- Sponsor Address: 205 E. CENTER ST., DUNCANVILLE, TX, 75116
- Plan Type: 401(k)
- Total Participants: 105
- Total Assets: $7.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 105 | $7.3M | $346,066 | $127,779 |
| 2023 | 101 | $6.1M | $0 | $188,547 |
| 2022 | 106 | $5.1M | $367,358 | $71,697 |
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 |
|---|---|---|---|---|
| ALWAYS ANSWER INC | OTHER | $10,999 | — | $10,999 |
| LEE CPA AUDIT GROUP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEE CPA AUDIT GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,999
- Estimated Expense Ratio: 0.151% 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 | $13,021 | — | $13,021 | — | — |
| 2023 | $18,341 | — | $18,341 | — | — |
| 2022 | $5,597 | — | $5,597 | — | — |