Plan Snapshot
- Plan Sponsor: Summa Group, LLC
- Sponsor EIN: 264289689
- Sponsor Address: 1485 E. SAM HOUSTON PARKWAY S., PASADENA, TX, 77503
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $11.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 221 | $11.8M | $259,303 | $743,092 |
| 2023 | 444 | $11.2M | $263,629 | $759,987 |
| 2022 | 500 | $9.7M | $309,030 | $837,194 |
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 |
|---|---|---|---|---|
| BOK FINANCIAL ASSET MANAGEMENT, INC | Recordkeeper | $32,541 | — | $32,541 |
| BOKF,NA | Recordkeeper | $23,938 | — | $23,938 |
| CHARLES SCHWAB TRUST BANK | Custodian / Trustee | $4,891 | $140 | $5,031 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB TRUST BANK — Custodian / Trustee
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,510
- Estimated Expense Ratio: 0.522% 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 | $61,370 | $40,348 | — | — | — |
| 2023 | $59,760 | $41,119 | $14,581 | — | — |
| 2022 | $64,351 | $42,085 | $11,289 | — | $10,977 |