Plan Snapshot
- Plan Sponsor: Canus Corporation
- Sponsor EIN: 330996801
- Sponsor Address: 20532 EL TORO ROAD, SUITE 102, MISSION VIEJO, CA, 92692
- Plan Type: 401(k)
- Total Participants: 413
- Total Assets: $20.3M
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 | 413 | $20.3M | $0 | $3.5M |
| 2023 | 495 | $17.5M | $0 | $3.9M |
| 2022 | 585 | $13.3M | $0 | $3.8M |
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 |
|---|---|---|---|---|
| 401K ADVISORS INC | INVESTMENT/FINANCIAL ADV | $40,223 | — | $40,223 |
| ACCELERATE INVESTMENT ADVISORS | CONSULTANT | $25,362 | — | $25,362 |
| ADP, INC. | RECORDKEEPER | $22,543 | — | $22,543 |
| PENTEGRA SERVICE, INC | RECORDKEEPER | $20,300 | — | $20,300 |
| EIDE BAILLY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- 401K ADVISORS INC — INVESTMENT/FINANCIAL ADV
- ACCELERATE INVESTMENT ADVISORS — CONSULTANT
- ADP, INC. — RECORDKEEPER
- EIDE BAILLY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $108,428
- Estimated Expense Ratio: 0.533% 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 | $88,128 | — | — | — | — |
| 2023 | $82,640 | — | $16,268 | — | — |
| 2022 | $87,042 | — | — | — | — |