Plan Snapshot
- Plan Sponsor: Saber Power Services, LLC
- Sponsor EIN: 760267262
- Sponsor Address: 9841 SABER POWER SERVICES, ROSHARON, TX, 77583
- Plan Type: 401(k)
- Total Participants: 628
- Total Assets: $30.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 628 | $30.9M | $1.4M | $4.4M |
| 2022 | 457 | $21.8M | $1.1M | $3.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $133,896 | — | $133,896 |
| RAYMOND JAMES FINANCIAL SERVICES | ADVISOR | $102,334 | — | $102,334 |
| FITTS, ROBERTS, KOLKHORST & CO, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- RAYMOND JAMES FINANCIAL SERVICES — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $236,230
- Estimated Expense Ratio: 0.764% 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 | $118,115 | $51,167 | — | — | — |
| 2022 | $108,961 | — | — | — | — |