Plan Snapshot
- Plan Sponsor: Itg Communications, LLC
- Sponsor EIN: 464108185
- Sponsor Address: 152 MOLLY WALTON DR., HENDERSONVILLE, TN, 37075
- Plan Type: 401(k)
- Total Participants: 1,796
- Total Assets: $4.1M
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. |
|---|---|---|---|---|
| 2024 | 1,796 | $4.1M | $174,231 | $1.2M |
| 2023 | 1,444 | $2.4M | $74,960 | $655,889 |
| 2022 | 1,340 | $1.3M | $52,659 | $489,559 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $43,806 | — | $43,806 |
| GALLAGHER FIDUCIARY ADVISORS, LLC | INVESTMENT ADVISORY | — | $9,656 | $9,656 |
| PRICEKUBECKA, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER FIDUCIARY ADVISORS, LLC — INVESTMENT ADVISORY
- PRICEKUBECKA, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,462
- Estimated Expense Ratio: 1.305% 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 | $43,806 | — | $43,806 | — | — |
| 2023 | $27,339 | — | $27,339 | — | — |
| 2022 | $17,167 | — | $17,167 | — | — |