Plan Snapshot
- Plan Sponsor: Telapex, INC.
- Sponsor EIN: 640748803
- Sponsor Address: 1018 HIGHLAND COLONY PKWY, STE. 700, RIDGELAND, MS, 39157
- Plan Type: DC
- Plan Number: 004
- Total Participants: 1,588
- Total Assets: $1,396
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. |
|---|---|---|---|---|
| 2025 | 1,588 | $1,396 | $0 | $0 |
| 2024 | 1,524 | $158.5M | $6.0M | $0 |
| 2023 | 1,519 | $159.1M | $7.1M | $0 |
| 2022 | 1,498 | $157.7M | $5.6M | $0 |
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 |
|---|---|---|---|---|
| TRANSITION FINANCE STRATEGIES, LLC | Other Service Provider | $198,505 | — | $198,505 |
| SCJ CONSULTING SERVICES, LLC | Other Service Provider | $40,000 | — | $40,000 |
| FORVIS MAZARS, LLP | Other Service Provider | $34,650 | — | $34,650 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $273,155
- Estimated Expense Ratio: 19566.977% 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 | $117,000,058 | — | — | $34,650 | — |
| 2024 | — | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |