Plan Snapshot
- Plan Sponsor: Sierra Financial Services, INC. Dba Omni Tax Solutions
- Sponsor EIN: 841306818
- Sponsor Address: 10901 W 120TH AVE, BROOMFIELD, CO, 80021
- Plan Type: 401(k)
- Total Participants: 64
- Total Assets: $3.7M
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 | 64 | $3.7M | $31,848 | $247,815 |
| 2023 | 65 | $4.0M | $282 | $266,476 |
| 2022 | 86 | $4.0M | $192,164 | $392,363 |
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 |
|---|---|---|---|---|
| PLANTE & MORAN, PLLC | Auditor | $19,041 | — | $19,041 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,041
- Estimated Expense Ratio: 0.510% 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 | $1,085,782 | — | $42,282 | — | — |
| 2023 | $40,779 | $14,678 | — | $19,041 | — |
| 2022 | $30,880 | $124 | — | — | — |