Plan Snapshot
- Plan Sponsor: Inspiritec, INC.
- Sponsor EIN: 233032718
- Sponsor Address: 340 N 12TH STREET SUITE 200, PHILADELPHIA, PA, 19107
- Plan Type: 401(k)
- Total Participants: 1,130
- Total Assets: $13.0M
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 | 1,130 | $13.0M | $2.3M | $448,418 |
| 2023 | 1,066 | $11.0M | $2.2M | $378,972 |
| 2022 | 910 | $8.6M | $2.2M | $400,144 |
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 |
|---|---|---|---|---|
| BAS PARTNERS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAS PARTNERS — Auditor
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 | $166,789 | $62,441 | — | — | — |
| 2023 | $133,348 | $49,462 | — | — | — |
| 2022 | $118,473 | — | $118,473 | — | — |