Plan Snapshot
- Plan Sponsor: I-Corp
- Sponsor EIN: 742200552
- Sponsor Address: P O BOX 20277, BEAUMONT, TX, 77705
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $13.0M
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 | 115 | $13.0M | $337,812 | $709,886 |
| 2023 | 107 | $11.2M | $275,916 | $642,078 |
| 2022 | 109 | $10.3M | $255,475 | $585,026 |
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 |
|---|---|---|---|---|
| LAWRENCE, BLACKBURN, MEEK, MAXEY AN | Auditor | — | — | $0 |
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 | $2,050 | — | — | — | — |
| 2023 | $1,594 | — | — | — | — |
| 2022 | $1,694 | — | — | — | — |