Plan Snapshot
- Plan Sponsor: Panum Telecom, LLC
- Sponsor EIN: 522043308
- Sponsor Address: 12509 PALATINE COURT, POTOMAC, MD, 20854
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $0 | $0 |
| 2023 | 142 | $15.4M | $490,980 | $1.1M |
| 2022 | 281 | $12.9M | $573,521 | $1.3M |
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 |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT PLAN SERVI | Recordkeeper | $56,742 | — | $56,742 |
| CAMBRIDGE INVESTMENT RESEARCH INC | Investment Advisor | $47,776 | — | $47,776 |
| FUTUREPLAN BY ASCENSUS | Other Service Provider | $22,442 | — | $22,442 |
| HAUSER RETIREMENT SOLUTIONS 2 LLC | Investment Advisor | $13,694 | — | $13,694 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $140,654
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 | $97,968 | $94,869 | — | — | — |
| 2023 | $69,427 | $57,131 | — | — | — |
| 2022 | $63,583 | — | $63,583 | — | — |