# People Technology And Processes LLC 401(k) Plan
Source: https://planprovider.pro/companies/people-technology-and-processe-401k-plan

> People Technology And Processes LLC's 401(k) plan: 228 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** People Technology And Processes LLC

- **Sponsor EIN:** 274171805

- **Sponsor Address:** 8621 EAST DR MARTIN LUTHER KING JR, TAMPA, FL, 33610

- **Plan Type:** 401(k)

- **Total Participants:** 228

- **Total Assets:** $6.1M

## 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|228|$6.1M|$479,910|$1.0M|

| 2023|264|$4.6M|$430,123|$875,390|

| 2022|206|$2.6M|$326,976|$681,993|

## 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|

| SKIBBIE CPA, INC.|Auditor|$7,500|—|$7,500|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $7,500

- **Estimated Expense Ratio:** 0.123% 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|$47,147|$14,182|—|$7,500|—|

| 2023|$39,066|$9,795|$28,411|—|—|

| 2022|$29,189|$7,584|$21,605|—|—|

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