Plan Snapshot
- Plan Sponsor: Ludvik Electric Co.
- Sponsor EIN: 840811586
- Sponsor Address: 3900 S. TELLER STREET, LAKEWOOD, CO, 80235
- Plan Type: 401(k)
- Total Participants: 197
- Total Assets: $22.7M
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 | 197 | $22.7M | $422,425 | $1.0M |
| 2023 | 223 | $22.7M | $580,264 | $1.1M |
| 2022 | 199 | $23.1M | $165,817 | $957,782 |
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 |
|---|---|---|---|---|
| CBIZ BENEFITS & INSURANCE SERVICES | TPA | $23,826 | — | $23,826 |
| PROACCOUNT | INVESTMENT ADVISORY | $16,350 | — | $16,350 |
| CETERA ADVISOR NETWORKS LLC | FINANCIAL ADVISOR | $9,150 | — | $9,150 |
| WATSON COON RYAN, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PROACCOUNT — INVESTMENT ADVISORY
- WATSON COON RYAN, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,326
- Estimated Expense Ratio: 0.217% 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 | $96,573 | $96,573 | — | — | — |
| 2023 | $139,566 | $66,716 | $61,175 | — | — |
| 2022 | $144,405 | — | $125,155 | — | $19,250 |