Plan Snapshot
- Plan Sponsor: Spark Fun Electronics INC
- Sponsor EIN: 201617837
- Sponsor Address: 6333 DRY CREEK PARKWAY, NIWOT, CO, 80503
- Plan Type: 401(k)
- Total Participants: 85
- 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 | 85 | $10.3M | $169,780 | $289,337 |
| 2023 | 81 | $9.0M | $167,139 | $282,659 |
| 2022 | 92 | $7.3M | $167,574 | $290,019 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $631 | $34,881 | $35,512 |
| RT JONES CAPITAL EQUITIES MGMT INC | Other Service Provider | $8,983 | — | $8,983 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,495
- Estimated Expense Ratio: 0.430% 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 | $11,960 | $11,554 | $406 | — | — |
| 2023 | $8,857 | $8,549 | $308 | — | — |
| 2022 | $9,397 | $8,386 | $1,011 | — | — |