Plan Snapshot
- Plan Sponsor: Saalex Corporation Dba Saalex So
- Sponsor EIN: 880438999
- Sponsor Address: 811A CAMARILLO SPRINGS RD, CAMARILLO, CA, 93012
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 604
- Total Assets: $32.2M
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 | 604 | $32.2M | $939,354 | $3.5M |
| 2022 | 602 | $25.6M | $810,771 | $2.7M |
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 |
|---|---|---|---|---|
| EDWARD JONES | Investment Advisor | $53,719 | — | $53,719 |
| ADP, INC. | Recordkeeper | $16,380 | — | $16,380 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,099
- Estimated Expense Ratio: 0.217% 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 | $70,099 | $53,719 | — | — | — |
| 2022 | $58,008 | — | — | — | — |