Plan Snapshot
- Plan Sponsor: Irvine Technology Corporation
- Sponsor EIN: 330889599
- Sponsor Address: 2850 S. RED HILL, SANTA ANA, CA, 92705
- Plan Type: 401(k)
- Total Participants: 87
- Total Assets: $6.0M
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 | 87 | $6.0M | $0 | $591,026 |
| 2023 | 77 | $5.1M | $0 | $527,155 |
| 2022 | 69 | $4.1M | $0 | $486,372 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS,L | RECORDKEEPER | $27,311 | — | $27,311 |
| OSAIC WEALTH, INC. | ADVISOR | $26,381 | — | $26,381 |
| LEE CPA AUDIT GROUP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS,L — RECORDKEEPER
- OSAIC WEALTH, INC. — ADVISOR
- LEE CPA AUDIT GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,692
- Estimated Expense Ratio: 0.899% 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 | $60,626 | — | $60,626 | — | — |
| 2023 | $48,519 | — | $48,519 | — | — |
| 2022 | $49,116 | $49,116 | — | — | — |