Plan Snapshot
- Plan Sponsor: Sa Support Services, INC.
- Sponsor EIN: 842001593
- Sponsor Address: 233 PARK AVENUE SOUTH #201, MINNEAPOLIS, MN, 554151132
- Plan Type: 401(k)
- Total Participants: 525
- Total Assets: $12.5M
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 | 525 | $12.5M | $611,628 | $1.1M |
| 2023 | 513 | $9.4M | $584,592 | $1.1M |
| 2022 | 460 | $7.1M | $506,458 | $919,449 |
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 | CONTRACT ADMINISTRATOR | $60,892 | — | $60,892 |
| S B H U LIFE AGENCY INC | OTHER SERVICES | — | $22,298 | $22,298 |
| MAHONEY,ULBRICH,CHRISTIANSEN&RUSSPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- S B H U LIFE AGENCY INC — OTHER SERVICES
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,190
- Estimated Expense Ratio: 0.666% 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 | $60,892 | — | $60,892 | — | — |
| 2023 | $46,840 | — | $46,840 | — | — |
| 2022 | $38,135 | — | $38,135 | — | — |