Plan Snapshot
- Plan Sponsor: Sole Technology, INC.
- Sponsor EIN: 330698517
- Sponsor Address: 26921 FUERTE DRIVE, LAKE FOREST, CA, 92630
- Plan Type: 401(k)
- Total Participants: 9
- Total Assets: $11.6M
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 | 9 | $11.6M | $0 | $205,269 |
| 2023 | 49 | $13.1M | $1,504 | $263,562 |
| 2022 | 55 | $12.5M | $0 | $279,226 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | NONE | $62,423 | — | $62,423 |
| LPL FINANCIAL CORPORATION | NONE | $24,471 | — | $24,471 |
| WRIGHT FORD YOUNG & CO | NONE | $22,895 | — | $22,895 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
- WRIGHT FORD YOUNG & CO — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,789
- Estimated Expense Ratio: 0.943% 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 | $62,323 | $24,471 | $37,852 | — | — |
| 2023 | $35,844 | — | $35,844 | — | — |
| 2022 | $40,561 | $21,661 | $8,200 | — | $10,700 |