Plan Snapshot
- Plan Sponsor: Powerhouse Retail Services, LLC
- Sponsor EIN: 260761398
- Sponsor Address: 812 S. CROWLEY ROAD, SUITE A, CROWLEY, TX, 73036
- Plan Type: 401(k)
- Total Participants: 730
- Total Assets: $25.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 730 | $25.7M | $343,901 | $2.4M |
| 2023 | 702 | $27.1M | $482,521 | $2.5M |
| 2022 | 795 | $25.5M | $443,457 | $2.7M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $52,754 | — | $52,754 |
| CREATIVE PLANNING LLC | ADVISOR | $39,701 | — | $39,701 |
| RAYMOND JAMES & ASSOCIATES INC | ADVISOR | $9,217 | — | $9,217 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $7,698 | — | $7,698 |
| KHA ACCOUNTANTS, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CREATIVE PLANNING LLC — ADVISOR
- RAYMOND JAMES & ASSOCIATES INC — ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- KHA ACCOUNTANTS, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,370
- Estimated Expense Ratio: 0.426% 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 | $109,129 | $56,616 | — | — | — |
| 2023 | $96,893 | $55,669 | $300 | — | — |
| 2022 | $105,656 | $8,315 | — | — | — |