Plan Snapshot
- Plan Sponsor: Excel Garment Manufacturing Ltd.
- Sponsor EIN: 742760565
- Sponsor Address: 7085 ALAMEDA, EL PASO, TX, 79915
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 214
- Total Assets: $269,969
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. |
|---|---|---|---|---|
| 2023 | 214 | $269,969 | $8,487 | $27,648 |
| 2022 | 331 | $257,417 | $14,608 | $46,778 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | Other Service Provider | $5,755 | — | $5,755 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,755
- Estimated Expense Ratio: 2.132% 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 |
|---|---|---|---|---|---|
| 2023 | $5,755 | — | $5,755 | — | — |
| 2022 | $4,744 | — | $4,744 | — | — |