Plan Snapshot
- Plan Sponsor: Ideatek Telcom, LLC
- Sponsor EIN: 473991872
- Sponsor Address: 111 OLD MILL LANE, BUHLER, KS, 67522
- Plan Type: 401(k)
- Total Participants: 165
- Total Assets: $6.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 165 | $6.7M | $511,355 | $978,182 |
| 2023 | 146 | $4.3M | $356,602 | $709,669 |
| 2022 | 124 | $2.7M | $312,636 | $576,901 |
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 |
|---|---|---|---|---|
| ALLEN, GIBBS & HOULIK, L.C. | 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 | $957 | — | $950 | — | — |
| 2023 | $2,209 | — | $825 | — | — |
| 2022 | $2,445 | — | $2,445 | — | — |