Plan Snapshot
- Plan Sponsor: System Services Broadband, INC.
- Sponsor EIN: 721469818
- Sponsor Address: P.O. BOX 61188, SCOTT, LA, 70583
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $6.4M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 150 | $6.4M | $181,025 | $515,255 |
| 2023 | 128 | $5.5M | $123,095 | $404,475 |
| 2022 | 122 | $4.7M | $155,160 | $346,192 |
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 |
|---|---|---|---|---|
| HARTIENS & FAULK, CPAS | Auditor | — | — | $0 |
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 | $28,803 | — | — | — | — |
| 2023 | $35,422 | — | $1,000 | — | — |
| 2022 | $32,629 | $32,629 | — | — | — |