Plan Snapshot
- Plan Sponsor: Electek
- Sponsor EIN: 273733987
- Sponsor Address: 2750 MOORE AVENUE, FULLERTON, CA, 92833
- Plan Type: 401(k)
- Total Participants: 184
- Total Assets: $42.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 184 | $42.1M | $541,267 | $1.5M |
| 2023 | 166 | $36.1M | $478,323 | $1.4M |
| 2022 | 166 | $31.8M | $495,413 | $1.3M |
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 |
|---|---|---|---|---|
| BAKERTILLYUSLLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKERTILLYUSLLP — Auditor
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 | $202 | $14,272 | $300 | — | — |
| 2023 | $1,972 | $11,424 | — | — | — |
| 2022 | $17,025 | $12,359 | — | — | — |