Plan Snapshot
- Plan Sponsor: Foundation Properties Corporation
- Sponsor EIN: 481213015
- Sponsor Address: 550 N 159TH STREET EAST, SUITE 101, WICHITA, KS, 67230
- Plan Type: 401(k)
- Plan Number: 101
- Total Participants: 189
- Total Assets: $2.1M
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. |
|---|---|---|---|---|
| 2023 | 189 | $2.1M | $0 | $185,921 |
| 2022 | 187 | $1.8M | $0 | $200,984 |
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 |
|---|---|---|---|---|
| ADMIN. GROUP, LLC DBA TAG RESOURCES | Other Service Provider | $20,146 | — | $20,146 |
| TRANSAMERICA LIFE INSURANCE COMPANY | Recordkeeper | $14,360 | — | $14,360 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA LIFE INSURANCE COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,506
- Estimated Expense Ratio: 1.652% 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 | $34,506 | — | — | — | — |
| 2022 | $30,720 | — | $30,720 | — | — |