Plan Snapshot
- Plan Sponsor: Sames Motor Company, INC.
- Sponsor EIN: 741493789
- Sponsor Address: 6001 SAN DARIO AVENUE, LAREDO, TX, 78041
- Plan Type: 401(k)
- Total Participants: 588
- Total Assets: $21.0M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 588 | $21.0M | $593,399 | $2.5M |
| 2023 | 507 | $18.2M | $593,381 | $2.3M |
| 2022 | 469 | $14.5M | $415,126 | $2.1M |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | NONE | $89,239 | — | $89,239 |
| ONEDIGITAL INVESTMENT ADVISORS | NONE | $29,199 | — | $29,199 |
| PAUL J. FITZGERALD, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $118,438
- Estimated Expense Ratio: 0.563% 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 | $118,693 | $29,199 | $89,494 | — | — |
| 2023 | $84,781 | — | $84,781 | — | — |
| 2022 | $89,593 | — | — | — | — |