Plan Snapshot
- Plan Sponsor: Fortna Systems, INC.
- Sponsor EIN: 611350369
- Sponsor Address: 131 GRIFFIN WAY, MT. WASHINGTON, KY, 40047
- Plan Type: 401(k)
- Total Participants: 1,822
- Total Assets: $148.0M
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 | 1,822 | $148.0M | $6.9M | $15.1M |
| 2023 | 1,733 | $146.6M | $7.3M | $15.4M |
| 2022 | 2,366 | $97.2M | $6.7M | $12.3M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $61,030 | — | $61,030 |
| CAP FINANCIAL PARTNERS LLC | NONE | $42,459 | — | $42,459 |
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,489
- Estimated Expense Ratio: 0.070% 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 | $148,199 | $46,196 | $40,899 | — | — |
| 2023 | $372,163 | $106,265 | $215,761 | — | — |
| 2022 | $346,847 | $57,101 | $195,212 | — | $94,534 |