Plan Snapshot
- Plan Sponsor: Statek Corporation
- Sponsor EIN: 330019795
- Sponsor Address: 512 N MAIN ST, ORANGE, CA, 928681102
- Plan Type: 401(k)
- Total Participants: 234
- Total Assets: $39.3M
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 | 234 | $39.3M | $436,596 | $1.2M |
| 2023 | 240 | $33.2M | $379,495 | $1.0M |
| 2022 | 227 | $27.8M | $344,815 | $933,229 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $116,603 | — | $116,603 |
| PENSIONMARK FINANCIAL GROUP LLC | INVESTMENT ADVISORY | — | $36,450 | $36,450 |
| WEWORSKI & ASSOCIATES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEWORSKI & ASSOCIATES — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $153,053
- Estimated Expense Ratio: 0.390% 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 | $116,603 | — | $116,603 | — | — |
| 2023 | $106,604 | — | $106,604 | — | — |
| 2022 | $76,102 | — | $76,102 | — | — |