Plan Snapshot
- Plan Sponsor: Telamon Corporation
- Sponsor EIN: 351493826
- Sponsor Address: 1000 E 116TH ST, CARMEL, IN, 460323416
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 663
- Total Assets: $53.9M
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. |
|---|---|---|---|---|
| 2025 | 663 | $53.9M | $0 | $0 |
| 2024 | 513 | $47.4M | $1.2M | $3.0M |
| 2023 | 529 | $41.9M | $1.2M | $2.9M |
| 2022 | 613 | $34.9M | $1.2M | $2.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $109,180 | — | $109,180 |
| PROCOURSE FIDUCIARY ADVISORS, LLC | Investment Advisor | — | $40,827 | $40,827 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $150,007
- Estimated Expense Ratio: 0.278% 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 |
|---|---|---|---|---|---|
| 2025 | $6,243,470 | — | $109,180 | — | — |
| 2024 | $120,787 | — | $120,787 | — | — |
| 2023 | $114,328 | $2,430 | $111,898 | — | — |
| 2022 | $102,577 | — | $102,577 | — | — |