Plan Snapshot
- Plan Sponsor: Smart City Telecommunications LLC
- Sponsor EIN: 223751025
- Sponsor Address: PO BOX 22555, LAKE BUENA VISTA, FL, 328302555
- Plan Type: 401(k)
- Total Participants: 361
- Total Assets: $34.4M
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 | 361 | $34.4M | $738,704 | $2.3M |
| 2023 | 358 | $30.2M | $696,933 | $2.2M |
| 2022 | 318 | $25.1M | $615,860 | $1.9M |
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 |
|---|---|---|---|---|
| PRAGER METIS CPAS LLC | 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 | $98,268 | $60,000 | $5,095 | — | — |
| 2023 | $93,172 | $60,000 | $5,065 | — | — |
| 2022 | $87,904 | $60,000 | $27,904 | — | — |