Plan Snapshot
- Plan Sponsor: Sac Wireless, LLC
- Sponsor EIN: 263080207
- Sponsor Address: 2500 W HIGGINS ROAD, STE 120, HOFFMAN ESTATES, IL, 60169
- Plan Type: 401(k)
- Total Participants: 96
- Total Assets: $32.5M
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 | 96 | $32.5M | $380,230 | $1.6M |
| 2023 | 303 | $34.9M | $1.5M | $2.8M |
| 2022 | 507 | $32.0M | $1.9M | $3.3M |
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 COMPANY | RECORDKEEPER | $162,596 | — | $162,596 |
| MMA SECURITIES LLC | INVESTMENT ADVISOR | $30,000 | — | $30,000 |
| CASSELL PLAN AUDITS, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $192,596
- Estimated Expense Ratio: 0.593% 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 | $192,596 | $30,000 | — | — | — |
| 2023 | $211,518 | $49,658 | — | — | — |
| 2022 | $246,741 | — | $246,741 | — | — |