Plan Snapshot
- Plan Sponsor: Tek-Experts (Colorado), INC.
- Sponsor EIN: 611775635
- Sponsor Address: 1150 KELLY JOHNSON BLVD. SUITE 100, COLORADO SPRINGS, CO, 80920
- Plan Type: 401(k)
- Total Participants: 426
- Total Assets: $3.0M
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 | 426 | $3.0M | $282,249 | $562,653 |
| 2023 | 520 | $2.2M | $275,259 | $503,998 |
| 2022 | 365 | $1.2M | $195,111 | $312,412 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL LLC | INVESTMENT/ADVISOR | $11,455 | — | $11,455 |
| CAPITAL GROUP RETIREMENT PLAN SRVC | RECORDKEEPER | $6,580 | — | $6,580 |
| ASCENSUS DBA FUTUREPLAN ADMIN | CONTRACT ADMIN | $5,950 | — | $5,950 |
| BROCK AND COMPANY CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL LLC — INVESTMENT/ADVISOR
- BROCK AND COMPANY CPAS P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,985
- Estimated Expense Ratio: 0.806% 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 | $13,288 | — | $5,555 | — | — |
| 2023 | $7,066 | — | $7,066 | — | — |
| 2022 | $4,688 | — | $4,688 | — | — |