Plan Snapshot
- Plan Sponsor: Safe Fleet Acquisition Corp.
- Sponsor EIN: 800948131
- Sponsor Address: 6800 E 163RD STREET, BELTON, MO, 64012
- Plan Type: 401(k)
- Total Participants: 1,335
- Total Assets: $67.4M
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 | 1,335 | $67.4M | $1.9M | $5.8M |
| 2023 | 1,274 | $61.6M | $1.9M | $5.8M |
| 2022 | 1,133 | $52.0M | $1.7M | $5.3M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $76,046 | — | $76,046 |
| MORGAN STANLEY SMITH BARNEY | INVESTMENT/FINANCIAL ADVI | $45,679 | — | $45,679 |
| MARKSNELSON | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- MORGAN STANLEY SMITH BARNEY — INVESTMENT/FINANCIAL ADVI
- MARKSNELSON — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $121,725
- Estimated Expense Ratio: 0.180% 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 | $122,250 | $58,092 | — | — | — |
| 2023 | $131,472 | $87,348 | — | — | — |
| 2022 | $118,063 | — | — | — | — |