Plan Snapshot
- Plan Sponsor: Odessa Enterprises INC.
- Sponsor EIN: 742431981
- Sponsor Address: 5017 CONLEY ROAD BUILDING B, EL PASO, TX, 799321741
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 225
- Total Assets: $1.5M
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. |
|---|---|---|---|---|
| 2023 | 225 | $1.5M | $138,456 | $191,919 |
| 2022 | 237 | $1.2M | $131,636 | $185,053 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $24,426 | — | $24,426 |
| LINCOLN FINANCIAL ADVISORS CORPORAT | Recordkeeper | — | $5,693 | $5,693 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN FINANCIAL ADVISORS CORPORAT — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,119
- Estimated Expense Ratio: 1.954% 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 |
|---|---|---|---|---|---|
| 2023 | $24,426 | — | $24,426 | — | — |
| 2022 | $17,364 | — | $17,364 | — | — |