Plan Snapshot
- Plan Sponsor: Electra Link, INC.
- Sponsor EIN: 760151304
- Sponsor Address: 21755 I-H 45 BLDG. #10, SPRING, TX, 77388
- Plan Type: 401(k)
- Total Participants: 247
- Total Assets: $11.7M
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 | 247 | $11.7M | $199,526 | $797,266 |
| 2023 | 244 | $11.2M | $171,262 | $687,260 |
| 2022 | 234 | $9.5M | $194,254 | $699,949 |
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 |
|---|---|---|---|---|
| BENTLEY BRATCHER & ASSOC. P.C. | Auditor | $13,276 | — | $13,276 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,276
- Estimated Expense Ratio: 0.113% 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 | $91,408 | $14,147 | — | $13,276 | — |
| 2023 | $76,736 | $10,742 | — | $13,000 | — |
| 2022 | $76,268 | $22,541 | $53,727 | — | — |