Plan Snapshot
- Plan Sponsor: Soaren Management LLC
- Sponsor EIN: 850972337
- Sponsor Address: 7020 E ACOMA DR STE 100, SCOTTSDALE, AZ, 852543537
- Plan Type: 401(k)
- Total Participants: 96
- Total Assets: $5.2M
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 | 96 | $5.2M | $405,924 | $729,657 |
| 2023 | 127 | $3.9M | $368,068 | $621,552 |
| 2022 | 122 | $2.7M | $336,298 | $593,497 |
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 |
|---|---|---|---|---|
| BAKER TILLY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY — 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 | $38,913 | $21,700 | $16,353 | — | — |
| 2023 | $34,234 | $14,965 | $18,409 | — | — |
| 2022 | $28,847 | $11,662 | $17,185 | — | — |