Plan Snapshot
- Plan Sponsor: Guadalupe Valley Telephone Cooperative, INC.
- Sponsor EIN: 741194662
- Sponsor Address: 36101 FM 3159, NEW BRAUNFELS, TX, 781325903
- Plan Type: 401(k)
- Total Participants: 227
- Total Assets: $46.4M
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 | 227 | $46.4M | $1.2M | $1.5M |
| 2023 | 232 | $44.0M | $1.1M | $1.5M |
| 2022 | 224 | $37.9M | $1.1M | $1.5M |
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 |
|---|---|---|---|---|
| HEARD, MCELROY & VESTAL LLC | Auditor | $16,000 | — | $16,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,000
- Estimated Expense Ratio: 0.034% 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 | $179,405 | $120,716 | $34,934 | $16,000 | — |
| 2023 | $266,518 | — | $254,018 | $12,500 | — |
| 2022 | $221,036 | — | $221,036 | — | — |