Plan Snapshot
- Plan Sponsor: Samsung Sds America, INC.
- Sponsor EIN: 770453818
- Sponsor Address: 100 CHALLENGER ROAD, RIDGEFIELD PARK, NJ, 07660
- Plan Type: 401(k)
- Total Participants: 773
- Total Assets: $125.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 773 | $125.7M | $4.0M | $6.8M |
| 2023 | 749 | $102.6M | $3.8M | $6.2M |
| 2022 | 725 | $79.1M | $3.1M | $5.2M |
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 |
|---|---|---|---|---|
| CPK, 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 | $152,745 | $530 | — | — | — |
| 2023 | $144,177 | $1,184 | — | — | — |
| 2022 | $153,010 | $2,094 | — | — | — |