# Sames Motor Company, INC. 401(k) Plan
Source: https://planprovider.pro/companies/sames-motor-company-inc-401k-plan

> Sames Motor Company, INC.&#39;s 401(k) plan: 588 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/charles-schwab-and-co-inc) — 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|—|—|—|—|

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