Plan Snapshot
- Plan Sponsor: Econet, INC.
- Sponsor EIN: 742505872
- Sponsor Address: 2121 SOUTH STATE ST., TACOMA, WA, 98405
- Plan Type: 401(k)
- Total Participants: 56
- Total Assets: $12.8M
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 | 56 | $12.8M | $147,742 | $449,791 |
| 2023 | 66 | $12.2M | $166,963 | $497,802 |
| 2022 | 78 | $11.2M | $190,650 | $611,748 |
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 |
|---|---|---|---|---|
| CLARK NUBER P.S. | 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 | $7,249 | $11 | $3,452 | — | — |
| 2023 | $7,732 | — | $4,101 | — | — |
| 2022 | $5,852 | — | $5,852 | — | — |