Plan Snapshot
- Plan Sponsor: P97 Networks, LLC
- Sponsor EIN: 454428048
- Sponsor Address: 2050 W SAM HOUSTON PKWY S STE 900, HOUSTON, TX, 770423665
- Plan Type: 401(k)
- Total Participants: 123
- Total Assets: $9.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 123 | $9.6M | $574,512 | $1.3M |
| 2023 | 123 | $8.5M | $528,054 | $1.1M |
| 2022 | 111 | $6.1M | $462,669 | $974,961 |
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 |
|---|---|---|---|---|
| WRINKLE, GARDNER & FAUST, P.C. | 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 | $19,818 | — | $19,818 | — | — |
| 2023 | $7,447 | — | $7,447 | — | — |
| 2022 | $4,472 | — | $4,472 | — | — |