Plan Snapshot
- Plan Sponsor: Safran Seats Usa LLC
- Sponsor EIN: 522336242
- Sponsor Address: 2000 WEBER DRIVE, GAINESVILLE, TX, 76240
- Plan Type: 401(k)
- Total Participants: 620
- Total Assets: $22.4M
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 | 620 | $22.4M | $947,148 | $1.2M |
| 2023 | 576 | $20.3M | $768,446 | $970,342 |
| 2022 | 442 | $18.0M | $670,864 | $836,875 |
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 |
|---|---|---|---|---|
| CALVETTI FERGUSON | Auditor | $10,700 | — | $10,700 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,700
- Estimated Expense Ratio: 0.048% 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 | $26,085 | — | — | $10,700 | — |
| 2023 | $4,715 | — | — | — | — |
| 2022 | $4,261 | — | — | — | — |