Plan Snapshot
- Plan Sponsor: Sage Parts Plus, INC.
- Sponsor EIN: 113526918
- Sponsor Address: 30 HUB DRIVE, MELVILLE, NY, 11747
- Plan Type: 401(k)
- Total Participants: 179
- Total Assets: $12.8M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 179 | $12.8M | $330,915 | $834,576 |
| 2023 | 157 | $12.2M | $278,135 | $730,120 |
| 2022 | 156 | $10.3M | $239,373 | $626,375 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK NEW YORK | RECORDKEEPER | $6,138 | — | $6,138 |
| EICHEN & DIMEGLIO PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK NEW YORK — RECORDKEEPER
- EICHEN & DIMEGLIO PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,138
- 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 | $72,397 | — | $3,965 | — | — |
| 2023 | $66,338 | — | $6,825 | — | — |
| 2022 | $65,856 | — | $64,105 | — | $1,750 |