Plan Snapshot
- Plan Sponsor: Sente Mortgage
- Sponsor EIN: 260402100
- Sponsor Address: 4520 BURNET RD., AUSTIN, TX, 78756
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $8.9M
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 | 0 | $8.9M | $58,785 | $681,977 |
| 2023 | 85 | $7.6M | $49,036 | $634,717 |
| 2022 | 99 | $7.3M | $54,286 | $831,275 |
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 |
|---|---|---|---|---|
| PEGGY S EDGE CPA | Auditor | $8,000 | — | $8,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,000
- Estimated Expense Ratio: 0.089% 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 | $72,832 | — | $60,206 | $8,000 | — |
| 2023 | $61,706 | — | $32,736 | $7,500 | — |
| 2022 | $53,435 | — | $20,835 | — | $32,600 |