Plan Snapshot
- Plan Sponsor: Saks & Company LLC
- Sponsor EIN: 131256625
- Sponsor Address: ATTN CORP TAX DEPARTMENT, NEW YORK, NY, 102811048
- Plan Type: DB
- Total Participants: 439
- Total Assets: $60.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 439 | $60.9M | $1.7M | $0 |
| 2023 | 482 | $63.9M | $2.4M | $0 |
| 2022 | 543 | $64.9M | $0 | $0 |
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 |
|---|---|---|---|---|
| DELOITTE & TOUCHE LLP | Auditor | $37,018 | — | $37,018 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,018
- Estimated Expense Ratio: 0.061% 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 | $1,429,399 | $238,732 | $33,442 | $37,018 | — |
| 2023 | $1,999,105 | $272,328 | $33,371 | $35,643 | — |
| 2022 | $1,201,370 | $332,004 | $34,479 | — | $394,223 |