Plan Snapshot
- Plan Sponsor: Iland Internet Solutions Corp
- Sponsor EIN: 760497687
- Sponsor Address: 1235 NORTH LOOP WEST, SUITE 800, HOUSTON, TX, 77008
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $0 | $1.3M |
| 2022 | 621 | $12.1M | $712,062 | $2.5M |
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 |
|---|---|---|---|---|
| NATIONWIDE | CUSTODIAN | $48,908 | $1,120 | $50,028 |
| PRINCIPAL SECURITIES, INC | FINANCIAL ADVISOR | — | $47,891 | $47,891 |
| INWEST RETIREMENT SOLUTIONS, INC | TPA | $15,308 | $5,542 | $20,850 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — CUSTODIAN
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $118,769
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 |
|---|---|---|---|---|---|
| 2023 | $25,097 | — | — | — | — |
| 2022 | $65,201 | $49,893 | — | — | $15,308 |