Plan Snapshot
- Plan Sponsor: Software Technology Group, INC.
- Sponsor EIN: 870560658
- Sponsor Address: 555 SOUTH 300 EAST, SALT LAKE CITY, UT, 84111
- Plan Type: 401(k)
- Total Participants: 170
- Total Assets: $20.1M
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 | 170 | $20.1M | $271,176 | $1.3M |
| 2023 | 189 | $16.9M | $495,713 | $1.4M |
| 2022 | 216 | $13.2M | $511,128 | $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 |
|---|---|---|---|---|
| LARSON & COMPANY, P.C. | Auditor | $11,250 | — | $11,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LARSON & COMPANY, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,250
- Estimated Expense Ratio: 0.056% 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 |
|---|---|---|---|---|---|
| 2024 | $103,422 | $53,825 | $15,435 | $11,250 | — |
| 2023 | $82,724 | $33,871 | $13,118 | $10,500 | — |
| 2022 | $80,136 | — | — | — | $80,136 |