Plan Snapshot
- Plan Sponsor: Free Energy Savings Company, LLC
- Sponsor EIN: 821408044
- Sponsor Address: 4751 ARROW HIGHWAY, MONTCLAIR, CA, 91763
- Plan Type: 401(k)
- Total Participants: 342
- Total Assets: $3.9M
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. |
|---|---|---|---|---|
| 2024 | 342 | $3.9M | $242,914 | $603,480 |
| 2023 | 240 | $2.9M | $0 | $499,062 |
| 2022 | 242 | $2.2M | $289,202 | $475,206 |
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 |
|---|---|---|---|---|
| NISIVOCCIA, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NISIVOCCIA, PC — Auditor
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 | $18,953 | — | — | — | — |
| 2023 | $14,438 | — | — | — | — |
| 2022 | $12,709 | $12,709 | — | — | — |