Plan Snapshot
- Plan Sponsor: Sequoyah Electric, LLC
- Sponsor EIN: 470898645
- Sponsor Address: 15135 NE 92ND ST, REDMOND, WA, 98052
- Plan Type: 401(k)
- Total Participants: 113
- Total Assets: $17.4M
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 | 113 | $17.4M | -$4,537 | $1.3M |
| 2023 | 109 | $17.1M | $478,035 | $1.3M |
| 2022 | 127 | $13.8M | $437,191 | $1.2M |
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 |
|---|---|---|---|---|
| HELLAM VARON | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $106,776 | $75,071 | — | — | — |
| 2023 | $92,473 | $66,187 | — | — | — |
| 2022 | $85,198 | $57,503 | $27,695 | — | — |