Plan Snapshot
- Plan Sponsor: Convo Communications LLC
- Sponsor EIN: 264751776
- Sponsor Address: E BEN WHITE BLVD, AUSTIN, TX, 78741
- Plan Type: 401(k)
- Total Participants: 357
- Total Assets: $5.9M
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 | 357 | $5.9M | $452,005 | $862,782 |
| 2023 | 283 | $4.4M | $0 | $675,210 |
| 2022 | 347 | $3.6M | $362,844 | $758,521 |
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 |
|---|---|---|---|---|
| RLA LLP | 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 | $42,846 | — | $42,846 | — | — |
| 2023 | $13,176 | $2,476 | $8,050 | — | — |
| 2022 | $6,510 | — | $6,510 | — | — |