Plan Snapshot
- Plan Sponsor: Simcom, INC.
- Sponsor EIN: 650367984
- Sponsor Address: 6989 LEE VISTA BOULEVARD, ORLANDO, FL, 32822
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 227 | $15.8M | $593,003 | $1.4M |
| 2023 | 203 | $16.1M | $550,939 | $1.4M |
| 2022 | 176 | $12.7M | $482,627 | $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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $7,776 | — | $7,776 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $5,453 | — | $5,453 |
| PEASE BELL, CPA'S, LLC | Auditor | $18 | — | $18 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- PEASE BELL, CPA'S, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,247
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 |
|---|---|---|---|---|---|
| 2025 | $2,951 | $1,845 | — | $18 | — |
| 2024 | $13,229 | $7,776 | — | — | — |
| 2023 | $10,291 | $7,108 | — | — | — |
| 2022 | $9,719 | $4,890 | — | — | — |