Plan Snapshot
- Plan Sponsor: Plato Elearning LLC
- Sponsor EIN: 850594039
- Sponsor Address: 1633 W INNOVATION WAY, LEHI, UT, 84043
- Plan Type: 401(k)
- Total Participants: 100
- Total Assets: $4.5M
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 | 100 | $4.5M | -$100 | $631,990 |
| 2023 | 109 | $4.4M | $296,845 | $703,113 |
| 2022 | 121 | $3.0M | $292,027 | $592,460 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $20,509 | — | $20,509 |
| RBC CAPITAL MARKETS LLC | INVESTMENT ADVISOR | $11,355 | — | $11,355 |
| RICHEY, MAY & CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RICHEY, MAY & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,864
- Estimated Expense Ratio: 0.703% 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 | $34,216 | $12,798 | — | — | — |
| 2023 | $24,488 | $9,910 | — | — | — |
| 2022 | — | — | — | — | — |