Plan Snapshot
- Plan Sponsor: Barrios Technology
- Sponsor EIN: 760404611
- Sponsor Address: 13100 SPACE CENTER BLVD SUITE 650, HOUSTON, TX, 77059
- Plan Type: 401(k)
- Total Participants: 816
- Total Assets: $135.3M
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 | 816 | $135.3M | $2.1M | $7.1M |
| 2023 | 796 | $118.6M | $1.9M | $6.6M |
| 2022 | 704 | $101.1M | $1.7M | $5.8M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $226,883 | — | $226,883 |
| DA DAVIDSON & CO | Investment Advisor | $152,698 | — | $152,698 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $55,129 | — | $55,129 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $434,710
- Estimated Expense Ratio: 0.321% 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 | $213,066 | $157,937 | — | — | — |
| 2023 | $285,140 | $128,322 | — | — | — |
| 2022 | $314,173 | $273,659 | $9,221 | — | — |