Plan Snapshot
- Plan Sponsor: Elma Electronic INC.
- Sponsor EIN: 133276071
- Sponsor Address: 44350 GRIMMER BOULEVARD, FREMONT, CA, 94538
- Plan Type: 401(k)
- Total Participants: 302
- Total Assets: $64.5M
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 | 302 | $64.5M | $1.3M | $2.6M |
| 2023 | 289 | $63.6M | $1.3M | $2.2M |
| 2022 | 222 | $56.3M | $991,506 | $1.9M |
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 |
|---|---|---|---|---|
| TRUIST BANK | NONE | $62,500 | — | $62,500 |
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $20,155 | — | $20,155 |
| UHY LLP | NONE | $16,400 | — | $16,400 |
| WHITTLESEY PC | Auditor | $16,400 | — | $16,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- UHY LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,455
- Estimated Expense Ratio: 0.179% 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 | $115,455 | $90,730 | — | $16,400 | — |
| 2023 | $70,260 | $47,813 | $17,169 | — | — |
| 2022 | $77,644 | $50,000 | — | — | $16,607 |