Plan Snapshot
- Plan Sponsor: Glow Networks, INC.
- Sponsor EIN: 510395994
- Sponsor Address: 18111 PRESTON RD STE 400, DALLAS, TX, 75252
- Plan Type: 401(k)
- Total Participants: 85
- Total Assets: $4.0M
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 | 85 | $4.0M | $0 | $195,904 |
| 2023 | 85 | $3.6M | $0 | $227,008 |
| 2022 | 124 | $3.4M | $5,523 | $314,558 |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | NONE | $54,773 | — | $54,773 |
| CHUGH CPA'S , LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,773
- Estimated Expense Ratio: 1.383% 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 | $54,773 | $34,393 | $16,963 | — | — |
| 2023 | $53,075 | — | — | — | — |
| 2022 | $64,998 | $42,046 | — | — | — |