Plan Snapshot
- Plan Sponsor: Spandex Holdings Utah, LLC
- Sponsor EIN: 260622293
- Sponsor Address: 4517 WEST 1730 SOUTH, SALT LAKE CITY, UT, 841044723
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $11.3M
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. |
|---|---|---|---|---|
| 2024 | 119 | $11.3M | $191,378 | $521,574 |
| 2023 | 133 | $10.2M | $193,668 | $528,264 |
| 2022 | 136 | $9.4M | $191,489 | $518,215 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $59,384 | — | $59,384 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | — | $26,287 | $26,287 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,671
- Estimated Expense Ratio: 0.755% 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 | $59,384 | — | $59,384 | — | — |
| 2023 | $51,528 | — | $51,528 | — | — |
| 2022 | $51,559 | — | $51,559 | — | — |