# Safetec Of America INC 401(k) Plan
Source: https://planprovider.pro/companies/safetec-of-america-inc-401k-plan

> Safetec Of America INC&#39;s 401(k) plan: 123 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Safetec Of America INC

- **Sponsor EIN:** 161405841

- **Sponsor Address:** 887 KENSINGTON AVE, BUFFALO, NY, 142152720

- **Plan Type:** 401(k)

- **Total Participants:** 123

- **Total Assets:** $4.5M

## 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|123|$4.5M|$187,509|$359,544|

| 2023|132|$4.0M|$164,789|$304,656|

| 2022|122|$2.9M|$153,536|$288,281|

## 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|

| CHIAMPOU TRAVIS BESAW & KERSHNER LL|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$27,651|$22,958|$3,833|—|—|

| 2023|$27,775|$16,249|$10,666|—|—|

| 2022|$25,058|$15,775|$9,283|—|—|

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