Plan Snapshot
- Plan Sponsor: Encompass Technologies Development INC.
- Sponsor EIN: 813742513
- Sponsor Address: 420 LINDEN STREET #200, FORT COLLINS, CO, 80524
- Plan Type: 401(k)
- Total Participants: 151
- Total Assets: $7.1M
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 | 151 | $7.1M | $656,831 | $1.3M |
| 2023 | 183 | $5.1M | $617,100 | $1.1M |
| 2022 | 143 | $2.7M | $513,684 | $875,721 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $26,156 | — | $26,156 |
| BENEFITS 2 ADMINISTRATORS, LLC | Other Service Provider | $13,575 | — | $13,575 |
| NEWFRONT RETIREMENT SERVICES, INC. | Investment Advisor | $10,466 | — | $10,466 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $6,070 | — | $6,070 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $5,189 | — | $5,189 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,456
- Estimated Expense Ratio: 0.866% 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 | $66,473 | $21,502 | $13,575 | — | — |
| 2023 | $36,566 | $28,851 | $4,225 | — | — |
| 2022 | $29,070 | — | $29,070 | — | — |