Plan Snapshot
- Plan Sponsor: Laritech, INC.
- Sponsor EIN: 954861882
- Sponsor Address: 5898 CONDOR DR., MOORPARK, CA, 93021
- Plan Type: 401(k)
- Total Participants: 128
- Total Assets: $6.1M
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 | 128 | $6.1M | $188,892 | $577,065 |
| 2023 | 133 | $4.8M | $103,080 | $485,316 |
| 2022 | 117 | $3.6M | $0 | $399,015 |
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 |
|---|---|---|---|---|
| INTEGRITY FINANCIAL | NONE | $53,915 | — | $53,915 |
| HEALTHEQUITY RETIREMENT SERVICES, L | NONE | $13,479 | — | $13,479 |
| BAS PARTNERS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- INTEGRITY FINANCIAL — NONE
- BAS PARTNERS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,394
- Estimated Expense Ratio: 1.097% 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 | $72,236 | $53,915 | $16,621 | — | — |
| 2023 | $48,994 | $39,483 | $7,232 | — | — |
| 2022 | $46,509 | $36,927 | $9,582 | — | — |