Plan Snapshot
- Plan Sponsor: Perikin Enterprises, LLC
- Sponsor EIN: 900539842
- Sponsor Address: 500 MARQUETTE AVE NW,, ALBUQUERQUE, NM, 87102
- Plan Type: 401(k)
- Total Participants: 154
- Total Assets: $6.3M
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 | 154 | $6.3M | $402,550 | $769,769 |
| 2023 | 171 | $5.1M | $76,543 | $160,719 |
| 2022 | 111 | $4.4M | $207,248 | $408,784 |
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 |
|---|---|---|---|---|
| C. MARC MARTIN, CPA | 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 | $34,710 | $150 | — | — | — |
| 2023 | $25,942 | — | — | — | — |
| 2022 | $19,207 | $19,207 | — | — | — |