Plan Snapshot
- Plan Sponsor: Flashparking INC.
- Sponsor EIN: 451867889
- Sponsor Address: 2500 BEE CAVES ROAD, AUSTIN, TX, 78746
- Plan Type: 401(k)
- Total Participants: 491
- Total Assets: $19.3M
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 | 491 | $19.3M | $443,898 | $4.1M |
| 2023 | 549 | $13.4M | $0 | $4.3M |
| 2022 | 699 | $7.5M | $198 | $3.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $65,456 | — | $65,456 |
| MMA SECURITIES | ADVISOR/INVESTMENT ADVIS | $44,785 | — | $44,785 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $9,584 | — | $9,584 |
| ALEXANDER LIEVENS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MMA SECURITIES — ADVISOR/INVESTMENT ADVIS
- STRATEGIC ADVISORS, INC. — ADVISOR
- ALEXANDER LIEVENS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,825
- Estimated Expense Ratio: 0.621% 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 | $119,825 | $54,369 | $300 | — | — |
| 2023 | $120,212 | $35,179 | — | — | — |
| 2022 | $41,868 | $248 | — | — | — |