Plan Snapshot
- Plan Sponsor: Infinite Electronics, INC.
- Sponsor EIN: 841725911
- Sponsor Address: 17792 FITCH, IRVINE, CA, 92614
- Plan Type: 401(k)
- Total Participants: 563
- Total Assets: $51.5M
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 | 563 | $51.5M | $1.9M | $3.5M |
| 2023 | 633 | $46.6M | $2.2M | $4.2M |
| 2022 | 639 | $37.9M | $1.9M | $3.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $34,709 | — | $34,709 |
| ICAPITAL, LLC | CONSULTANT | $20,600 | — | $20,600 |
| LEE & CROWLEY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- LEE & CROWLEY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,309
- Estimated Expense Ratio: 0.107% 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 | $55,309 | — | — | — | — |
| 2023 | $40,866 | — | $300 | — | — |
| 2022 | $77,165 | — | — | — | — |