Plan Snapshot
- Plan Sponsor: Sjo Kids, INC. Dba Newpath Child & Family Solutions
- Sponsor EIN: 842733413
- Sponsor Address: 4721 READING ROAD, CINCINNATI, OH, 45237
- Plan Type: 401(k)
- Total Participants: 217
- Total Assets: $5.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 217 | $5.3M | $568,240 | $533,411 |
| 2023 | 226 | $4.3M | $490,327 | $583,421 |
| 2022 | 223 | $3.2M | $430,225 | $491,209 |
| 2020 | 203 | $2.7M | $0 | $0 |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | Recordkeeper | $30,287 | — | $30,287 |
| EMPOWER ANNUITY INSURANCE COMPANY | Investment Advisor | $7,487 | — | $7,487 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,774
- Estimated Expense Ratio: 0.715% 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 | $37,773 | — | — | — | — |
| 2023 | $31,201 | $6,735 | — | — | — |
| 2022 | $22,959 | — | $22,959 | — | — |
| 2020 | $1,862 | — | $1,862 | — | — |