Plan Snapshot
- Plan Sponsor: Professional Contract Services, INC.
- Sponsor EIN: 742786094
- Sponsor Address: 718 FM 1626 WEST BUILDING 3, AUSTIN, TX, 78748
- Plan Type: 401(k)
- Total Participants: 2,033
- Total Assets: $57.8M
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 | 2,033 | $57.8M | $7.1M | $2.6M |
| 2023 | 1,519 | $48.9M | $6.2M | $2.3M |
| 2022 | 1,512 | $39.4M | $5.3M | $2.0M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $219,090 | — | $219,090 |
| PENSIONMARK SECURITIES, LLC | BROKER | — | $82,402 | $82,402 |
| NOVA 401(K) ASSOCIATES LP | THIRD PARTY ADMINISTRATOR | $48,995 | $1,210 | $50,205 |
| VASQUEZ & COMPANY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- VASQUEZ & COMPANY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $351,697
- Estimated Expense Ratio: 0.608% 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 | $268,085 | — | $268,085 | — | — |
| 2023 | $231,601 | $231,601 | — | — | — |
| 2022 | $205,697 | $205,697 | — | — | — |