Plan Snapshot
- Plan Sponsor: Salient Corporation
- Sponsor EIN: 161303574
- Sponsor Address: 203 COLONIAL DRIVE, HORSEHEADS, NY, 14845
- Plan Type: 401(k)
- Total Participants: 113
- Total Assets: $28.3M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 113 | $28.3M | $600,416 | $1.1M |
| 2023 | 116 | $25.5M | $542,716 | $1.1M |
| 2022 | 119 | $22.8M | $623,431 | $1.2M |
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 |
|---|---|---|---|---|
| DEJOY & CO, CPAS, LLP | 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 | $9,473 | — | — | — | — |
| 2023 | $12,768 | — | — | — | — |
| 2022 | $24,417 | — | $24,417 | — | — |