Plan Snapshot
- Plan Sponsor: Smartcomms, LLC
- Sponsor EIN: 201682838
- Sponsor Address: 18208 PRESTON RD SUITE D9 NO. 350, DALLAS, TX, 75252
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 147
- Total Assets: $20.0M
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. |
|---|---|---|---|---|
| 2025 | 147 | $20.0M | $0 | $0 |
| 2024 | 117 | $16.3M | $273,203 | $1.5M |
| 2023 | 114 | $13.1M | $287,427 | $1.5M |
| 2022 | 133 | $10.5M | $258,982 | $1.3M |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $33,939 | — | $33,939 |
| CAPITAL GROUP RETIREMENT PLAN SVCS. | Recordkeeper | $17,760 | — | $17,760 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,699
- Estimated Expense Ratio: 0.259% 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 |
|---|---|---|---|---|---|
| 2025 | $1,123,606 | $33,939 | — | — | — |
| 2024 | $48,017 | $32,416 | — | — | — |
| 2023 | $55,622 | $28,510 | — | — | — |
| 2022 | $41,915 | — | $41,915 | — | — |