Plan Snapshot
- Plan Sponsor: Janco Fs2 LLC & Janco Fs3 LLC Dba Velociti Services
- Sponsor EIN: 872133844
- Sponsor Address: 950 EAST PACES FERRY ROAD NE, ATLANTA, GA, 303261384
- Plan Type: 401(k)
- Total Participants: 5,268
- Total Assets: $3.0M
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 | 5,268 | $3.0M | $297,366 | $680,055 |
| 2023 | 2,614 | $2.6M | $323,001 | $640,054 |
| 2022 | 1,179 | $885,576 | $57,093 | $164,285 |
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 | Recordkeeper | $17,196 | — | $17,196 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,196
- Estimated Expense Ratio: 0.577% 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 | $17,196 | — | $17,196 | — | — |
| 2023 | $11,004 | — | $11,004 | — | — |
| 2022 | $1,272 | — | $1,272 | — | — |