Plan Snapshot
- Plan Sponsor: Telenetwork, INC.
- Sponsor EIN: 742662819
- Sponsor Address: 350 BARNES DR. STE 109, SAN MARCOS, TX, 78666
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $318,557 | $441,877 |
| 2022 | 779 | $7.5M | $362,211 | $499,048 |
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 |
|---|---|---|---|---|
| OLIVE WEALTH MANAGEMENT | NONE | $33,081 | — | $33,081 |
| ASCENSUS LLC | NONE | $31,693 | — | $31,693 |
| LWI FINANCIAL, INC. | NONE | $11,027 | — | $11,027 |
| BAUER & COMPANY LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAUER & COMPANY LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,801
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 | $59,443 | $23,082 | $36,361 | — | — |
| 2022 | $75,800 | $44,107 | $31,693 | — | — |