Plan Snapshot
- Plan Sponsor: Terros, INC.
- Sponsor EIN: 860292390
- Sponsor Address: 202 E EARLL DR STE 200, PHOENIX, AZ, 850122647
- Plan Type: 401(k)
- Total Participants: 443
- Total Assets: $10.0M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 443 | $10.0M | $257,796 | $605,689 |
| 2023 | 548 | $9.8M | $268,381 | $609,030 |
| 2022 | 531 | $8.4M | $291,857 | $607,218 |
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 |
|---|---|---|---|---|
| FESTER & CHAPMAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FESTER & CHAPMAN, PLLC — 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 | $6,087 | — | — | — | — |
| 2023 | $2,537 | — | — | — | — |
| 2022 | $2,622 | — | — | — | — |