# Simcom, INC. 401(k) Plan
Source: https://planprovider.pro/companies/simcom-inc-401k-plan

> Simcom, INC.&#39;s 401(k) plan: 0 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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.](https://planprovider.pro/provider/creative-planning) — ADVISOR

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

- [PEASE BELL, CPA'S, LLC](https://planprovider.pro/provider/pease-bell-cpas-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|—|—|—|

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