Plan Snapshot
- Plan Sponsor: Central Utah Telephone, INC.
- Sponsor EIN: 870258063
- Sponsor Address: 35 SOUTH STATE, FAIRVIEW, UT, 84629
- Plan Type: 401(k)
- Total Participants: 169
- Total Assets: $24.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 169 | $24.5M | $926,672 | $1.0M |
| 2023 | 134 | $20.8M | $695,118 | $779,157 |
| 2022 | 133 | $17.8M | $609,690 | $731,051 |
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 |
|---|---|---|---|---|
| BLANKENSHIP CPA GROUP, PLLC | Auditor | $10,500 | — | $10,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,500
- Estimated Expense Ratio: 0.043% 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 | $24,616 | — | $14,116 | $10,500 | — |
| 2023 | $18,397 | $5,487 | $2,410 | $10,500 | — |
| 2022 | $6,676 | $4,826 | $1,850 | — | — |