Plan Snapshot
- Plan Sponsor: Technipower, INC.
- Sponsor EIN: 912189926
- Sponsor Address: 1080 HOLCOMB BRIDGE RD, ROSWELL, GA, 30076
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 33
- Total Assets: $280,886
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 33 | $280,886 | $330,122 | $140,629 |
| 2023 | 37 | $129,630 | $264,715 | $139,452 |
| 2022 | 42 | $22,390 | $210,673 | $136,105 |
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 |
|---|---|---|---|---|
| SNELLINGS WALTERS INSURANCE AGENCY | Investment Advisor | $21,285 | — | $21,285 |
| THE BENECON GROUP | Investment Advisor | $17,137 | — | $17,137 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $11,505 | — | $11,505 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,927
- Estimated Expense Ratio: 17.775% 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 | $315,916 | — | — | — | — |
| 2023 | $275,966 | — | — | — | — |
| 2022 | $371,406 | — | — | — | — |