Plan Snapshot
- Plan Sponsor: Beacon Communications, LLC
- Sponsor EIN: 841456159
- Sponsor Address: 7810 SHAFFER PARKWAY, SUITE 120, LITTLETON, CO, 80127
- Plan Type: 401(k)
- Total Participants: 213
- Total Assets: $22.4M
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 | 213 | $22.4M | $544,641 | $1.2M |
| 2023 | 187 | $18.4M | $522,058 | $1.1M |
| 2022 | 120 | $5.3M | $322,145 | $641,685 |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | — | $38,056 | $38,056 |
| QUINTES ADMIN AND INSURANCE SVCS | Recordkeeper | — | $9,815 | $9,815 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,871
- Estimated Expense Ratio: 0.214% 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 | $9,412 | $780 | $8,112 | — | — |
| 2023 | $22,344 | $8,235 | $12,509 | — | — |
| 2022 | $26,371 | $22,525 | — | — | — |