Plan Snapshot
- Plan Sponsor: Archer Systems, LLC
- Sponsor EIN: 822145883
- Sponsor Address: 1775 ST. JAMES PLACE, HOUSTON, TX, 77056
- Plan Type: 401(k)
- Total Participants: 226
- Total Assets: $8.4M
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 | 226 | $8.4M | $708,951 | $1.4M |
| 2023 | 265 | $7.0M | $580,035 | $1.3M |
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 |
|---|---|---|---|---|
| KESTRA ADVISORY SERVICES, LLC | Investment Advisor | $25,037 | — | $25,037 |
| TRANSAMERICA FINANCIAL LIFE INS. CO | Recordkeeper | $22,552 | — | $22,552 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES, LLC — Investment Advisor
- TRANSAMERICA FINANCIAL LIFE INS. CO — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,589
- Estimated Expense Ratio: 0.566% 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 | $76,631 | — | $76,631 | — | — |
| 2023 | $34,339 | $17,513 | — | — | — |