# Silkroad Technology, INC. 401(k) Plan
Source: https://planprovider.pro/companies/silkroad-technology-inc-401k-plan

> Silkroad Technology, INC.&#39;s 401(k) plan: 93 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Silkroad Technology, INC.

- **Sponsor EIN:** 810617112

- **Sponsor Address:** 311 W. MONROE ST., CHICAGO, IL, 60606

- **Plan Type:** 401(k)

- **Total Participants:** 93

- **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|93|$17.4M|$161,084|$1.1M|

| 2023|100|$17.8M|$224,516|$1.4M|

| 2022|160|$15.6M|$229,749|$1.4M|

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$34,700|—|$34,700|

| LPL FINANCIAL LLC|ADVISOR|$26,466|—|$26,466|

| STRATEGIC ADVISORS, INC.|ADVISOR|$11,273|—|$11,273|

| SIKICH CPA LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [LPL FINANCIAL LLC](https://planprovider.pro/provider/lpl-financial-llc) — ADVISOR

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [SIKICH CPA LLC](https://planprovider.pro/provider/sikich-cpa-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $72,439

- **Estimated Expense Ratio:** 0.415% 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|$72,439|$37,739|—|—|—|

| 2023|$70,744|$34,063|—|—|—|

| 2022|$70,536|$8,062|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/silkroad-technology-inc-401k-plan)

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