Plan Snapshot
- Plan Sponsor: Smart Energy Systems, INC. Dba Smart Energy Water
- Sponsor EIN: 460760246
- Sponsor Address: 15495 SAND CANYON AVE STE 100, IRVINE, CA, 92618
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $10.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 102 | $10.3M | $357,729 | $1.5M |
| 2023 | 120 | $7.7M | $373,963 | $1.5M |
| 2022 | 101 | $5.1M | $349,826 | $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 |
|---|---|---|---|---|
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — Auditor
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 | $68,099 | $63,389 | — | — | — |
| 2023 | $50,396 | $20,711 | — | — | — |
| 2022 | $36,462 | — | — | — | — |