Plan Snapshot
- Plan Sponsor: Tellepsen Corporation
- Sponsor EIN: 741898187
- Sponsor Address: 777 BENMAR, SUITE 400, HOUSTON, TX, 77060
- Plan Type: 401(k)
- Total Participants: 633
- Total Assets: $54.3M
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 | 633 | $54.3M | $1.4M | $1.9M |
| 2023 | 2,027 | $55.8M | $946,348 | $2.6M |
| 2022 | 1,382 | $51.7M | $1.3M | $2.4M |
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 |
|---|---|---|---|---|
| MARCADO ASSET MANAGEMENT LLC | INVESTMENT ADVISOR | $20,400 | — | $20,400 |
| MELTON & MELTON | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MELTON & MELTON — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,400
- Estimated Expense Ratio: 0.038% 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 | $23,049 | $20,400 | — | — | — |
| 2023 | $26,519 | $20,300 | — | — | — |
| 2022 | $23,852 | $21,138 | $2,714 | — | — |