Plan Snapshot
- Plan Sponsor: Ces Power, LLC.
- Sponsor EIN: 863888381
- Sponsor Address: 3500 AIR CENTER COVE, MEMPHIS, TN, 38118
- Plan Type: 401(k)
- Total Participants: 345
- Total Assets: $19.5M
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 | 345 | $19.5M | $764,550 | $2.1M |
| 2023 | 306 | $15.8M | $638,789 | $1.8M |
| 2022 | 172 | $11.7M | $305,112 | $1.0M |
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 ADVISORY GROUP, LLC | INVESTMENT MGMT | $48,703 | — | $48,703 |
| KESTRA ADVISORY SERVICES LLC | INVESTMENT ADVISOR | $40,611 | — | $40,611 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $9,559 | — | $9,559 |
| HENDERSON, HUTCHERSON & MCCULLOUGH | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,873
- Estimated Expense Ratio: 0.507% 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 | $98,873 | $89,314 | — | — | — |
| 2023 | $75,844 | $70,882 | — | — | — |
| 2022 | — | — | — | — | — |