Plan Snapshot
- Plan Sponsor: Tanknology INC.
- Sponsor EIN: 760356438
- Sponsor Address: 11000 N. MO PAC EXPRESSWAY, AUSTIN, TX, 78759
- Plan Type: 401(k)
- Total Participants: 325
- Total Assets: $16.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 325 | $16.6M | $163,587 | $1.4M |
| 2022 | 316 | $14.3M | $145,031 | $1.1M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $158,414 | — | $158,414 |
| PEGGY EDGE, CPA, LLC | ACCOUNTANT | $16,000 | — | $16,000 |
| PEGGY S. EDGE, CPA, LLC | Auditor | $8,000 | — | $8,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PEGGY S. EDGE, CPA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $182,414
- Estimated Expense Ratio: 1.097% 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 |
|---|---|---|---|---|---|
| 2023 | $87,046 | — | — | $8,000 | — |
| 2022 | $87,864 | — | — | — | — |