Plan Snapshot
- Plan Sponsor: Tevora Business Solutions, INC
- Sponsor EIN: 912185654
- Sponsor Address: 17400 LAGUNA CANYON ROAD, IRVINE, CA, 92618
- Plan Type: 401(k)
- Total Participants: 162
- Total Assets: $8.4M
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 | 162 | $8.4M | $238,660 | $1.3M |
| 2023 | 122 | $6.1M | $0 | $1.2M |
| 2022 | 114 | $4.1M | $131,088 | $1.1M |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS | Other Service Provider | $21,706 | — | $21,706 |
| ASCENSUS LLC | Other Service Provider | $7,859 | — | $7,859 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,565
- Estimated Expense Ratio: 0.352% 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 | $29,564 | $21,706 | $7,858 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |