Plan Snapshot
- Plan Sponsor: Firelands Technology Ventures, LLC
- Sponsor EIN: 825030679
- Sponsor Address: 2300 UNIVERSITY DRIVE EAST, HURON, OH, 44839
- Plan Type: 401(k)
- Total Participants: 182
- Total Assets: $3.0M
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 | 182 | $3.0M | $233,378 | $403,120 |
| 2023 | 158 | $2.3M | $275,007 | $445,073 |
| 2022 | 155 | $1.5M | $246,368 | $412,367 |
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 |
|---|---|---|---|---|
| BARNES WENDLING CPAS, INC. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $3,048 | — | $3,048 | — | — |
| 2023 | $5,368 | — | $5,368 | — | — |
| 2022 | $2,311 | — | $2,311 | — | — |