Plan Snapshot
- Plan Sponsor: Exaktime Innovations, INC.
- Sponsor EIN: 010552589
- Sponsor Address: 9452 TELEPHONE ROAD, 227, VENTURA, CA, 93004
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 340
- Total Assets: $19.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 340 | $19.3M | $0 | $0 |
| 2024 | 277 | $17.3M | $535,304 | $1.7M |
| 2023 | 196 | $15.6M | $892,476 | $1.6M |
| 2022 | 175 | $12.7M | $775,086 | $1.5M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $64,215 | — | $64,215 |
| AMERIPRISE FINANCIAL SERVICES, INC. | Investment Advisor | — | $52,429 | $52,429 |
| SCOTT MILLER CPA AND ASSOCIATES, PC | Auditor | $14,000 | — | $14,000 |
| EXAKTIME INNOVATIONS | Other Service Provider | $10,127 | — | $10,127 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $140,771
- Estimated Expense Ratio: 0.731% 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 |
|---|---|---|---|---|---|
| 2025 | $3,220,054 | $10,127 | $63,515 | — | — |
| 2024 | $119,751 | — | $119,701 | — | — |
| 2023 | $102,392 | — | $102,392 | — | — |
| 2022 | $91,427 | $44,131 | $47,296 | — | — |