Plan Snapshot
- Plan Sponsor: Modsquad, INC.
- Sponsor EIN: 800196337
- Sponsor Address: 901 H ST., SACRAMENTO, CA, 95814
- Plan Type: 401(k)
- Total Participants: 188
- Total Assets: $6.8M
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 | 188 | $6.8M | $397,473 | $814,874 |
| 2023 | 194 | $5.5M | $405,451 | $774,695 |
| 2022 | 249 | $4.1M | $387,656 | $751,249 |
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 |
|---|---|---|---|---|
| SILICON VALLEY ACCOUNTANCY CORP | Auditor | — | — | $0 |
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 | $50,316 | — | — | — | — |
| 2023 | $41,806 | $18,670 | $21,415 | — | — |
| 2022 | $28,500 | $14,652 | $13,848 | — | — |