Plan Snapshot
- Plan Sponsor: Summit Technical Solutions, LLC
- Sponsor EIN: 300002326
- Sponsor Address: 7150 CAMPUS DRIVE, COLORADO SPRINGS, CO, 80920
- Plan Type: 401(k)
- Total Participants: 72
- Total Assets: $7.9M
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 | 72 | $7.9M | $184,874 | $332,583 |
| 2023 | 65 | $7.6M | $213,903 | $333,572 |
| 2022 | 123 | $6.4M | $246,185 | $424,277 |
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 |
|---|---|---|---|---|
| STOCKMAN, KAST, & RYAN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STOCKMAN, KAST, & RYAN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $36,036 | $29,550 | $6,486 | — | — |
| 2023 | $33,403 | $26,098 | $7,305 | — | — |
| 2022 | $34,613 | — | $34,613 | — | — |