Plan Snapshot
- Plan Sponsor: Prosek LLC
- Sponsor EIN: 061415686
- Sponsor Address: 1552 POST ROAD, FAIRFIELD, CT, 06824
- Plan Type: 401(k)
- Total Participants: 375
- Total Assets: $32.6M
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 | 375 | $32.6M | $1.8M | $3.3M |
| 2023 | 353 | $24.4M | $1.6M | $2.9M |
| 2022 | 318 | $17.0M | $1.3M | $2.3M |
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 | RECORDKEEPER | $119,573 | — | $119,573 |
| MML INVESTORS SERVICES LLC | BROKER/ADVISE R | — | $69,438 | $69,438 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $25,414 | — | $25,414 |
| ALLIANT INSURANCE SERVICES | CONTRACT ADMIN | $4,015 | $10,000 | $14,015 |
| LILLING & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LILLING & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $228,440
- Estimated Expense Ratio: 0.701% 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 | $141,859 | $25,414 | $4,015 | — | — |
| 2023 | $99,636 | $11,174 | $3,225 | — | — |
| 2022 | $82,900 | $82,900 | — | — | — |