Plan Snapshot
- Plan Sponsor: Zte Usa INC.
- Sponsor EIN: 223618736
- Sponsor Address: 1702 N COLLINS BLVD, RICHARDSON, TX, 75080
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 44
- Total Assets: $19.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 44 | $19.9M | $109,475 | $296,582 |
| 2022 | 67 | $21.8M | $150,986 | $350,227 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $1,339 | $97,999 | $99,338 |
| FORVIS | Other Service Provider | $21,500 | — | $21,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $120,838
- Estimated Expense Ratio: 0.609% 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 |
|---|---|---|---|---|---|
| 2023 | $22,839 | — | $1,339 | $21,500 | — |
| 2022 | $18,388 | — | $538 | — | $17,850 |