Plan Snapshot
- Plan Sponsor: Ofs Fitel, LLC
- Sponsor EIN: 621864622
- Sponsor Address: 2000 NORTHEAST EXPRESSWAY, NORCROSS, GA, 30071
- Plan Type: 401(k)
- Total Participants: 287
- Total Assets: $27.0M
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 | 287 | $27.0M | $863,554 | $1.3M |
| 2023 | 259 | $24.2M | $924,969 | $1.5M |
| 2022 | 357 | $20.6M | $948,101 | $1.5M |
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 |
|---|---|---|---|---|
| WARREN AVERETT LLC | Auditor | $24,060 | — | $24,060 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,060
- Estimated Expense Ratio: 0.089% 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 | $66,138 | $19,165 | — | $24,060 | — |
| 2023 | $46,096 | $14,532 | — | $12,000 | — |
| 2022 | $32,147 | $3,381 | $16,333 | — | — |