# Cloud Network Technology Usa, In 401(k) Plan
Source: https://planprovider.pro/companies/cloud-network-technology-usa-in-401k-plan

> Cloud Network Technology Usa, In's 401(k) plan: 140 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Cloud Network Technology Usa, In

- **Sponsor EIN:** 821505767

- **Sponsor Address:** 8801 FALLBROOK DR, HOUSTON, TX, 77064

- **Plan Type:** 401(k)

- **Total Participants:** 140

- **Total Assets:** $8.0M

## 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|140|$8.0M|$220,206|$647,947|

| 2023|124|$6.9M|$198,607|$550,251|

| 2022|115|$5.4M|$164,819|$407,479|

## 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|

| ACORN ACCOUNTANCY CORPORATION|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$8,628|$5,148|—|—|—|

| 2023|$7,421|$4,647|—|—|—|

| 2022|$7,550|—|—|—|—|

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