Plan Snapshot
- Plan Sponsor: Natel Engineering Company, LLC
- Sponsor EIN: 952923789
- Sponsor Address: 9340 OWENSMOUTH AVENUE, CHATSWORTH, CA, 91311
- Plan Type: 401(k)
- Total Participants: 673
- Total Assets: $89.5M
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 | 673 | $89.5M | $998,354 | $4.1M |
| 2023 | 747 | $83.7M | $1.0M | $4.3M |
| 2022 | 872 | $76.0M | $878,670 | $4.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $99,529 | — | $99,529 |
| SAGEVIEW ADVISORY GROUP, LLC | INVESTMENT MGMT | $23,913 | — | $23,913 |
| JGD & ASSOCIATES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JGD & ASSOCIATES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $123,442
- Estimated Expense Ratio: 0.138% 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 | $125,955 | $26,426 | — | — | — |
| 2023 | $110,622 | $21,904 | — | — | — |
| 2022 | $101,820 | $24,166 | $77,531 | — | — |