Plan Snapshot
- Plan Sponsor: Americom Technology, LLC
- Sponsor EIN: 870405649
- Sponsor Address: 5305 W. 2400 S. ENGLAND COURT, WEST VALLEY CITY, UT, 84120
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 92
- Total Assets: $3.6M
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. |
|---|---|---|---|---|
| 2023 | 92 | $3.6M | $98,608 | $240,946 |
| 2022 | 97 | $3.1M | $40,756 | $240,281 |
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 |
|---|---|---|---|---|
| CANNON CAPITAL MANAGEMENT INC | Investment Advisor | $10,811 | — | $10,811 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $7,108 | — | $7,108 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CANNON CAPITAL MANAGEMENT INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,919
- Estimated Expense Ratio: 0.497% 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 |
|---|---|---|---|---|---|
| 2023 | $23,058 | $15,950 | — | — | — |
| 2022 | $25,928 | — | $25,928 | — | — |