Plan Snapshot
- Plan Sponsor: Sanders Industries Holdings, INC.
- Sponsor EIN: 465657537
- Sponsor Address: 3701 CONANT STREET, LONG BEACH, CA, 90808
- Plan Type: 401(k)
- Total Participants: 614
- Total Assets: $29.5M
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 | 614 | $29.5M | $697,478 | $2.9M |
| 2023 | 507 | $19.2M | $717,144 | $2.4M |
| 2022 | 259 | $10.5M | $280,063 | $1.5M |
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 |
|---|---|---|---|---|
| SAGEVIEW ADVISORY GROUP, LLC | Investment Advisor | $51,371 | — | $51,371 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $45,336 | — | $45,336 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $96,707
- Estimated Expense Ratio: 0.328% 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 | $96,707 | $51,371 | — | — | — |
| 2023 | $53,558 | $1,142 | — | — | — |
| 2022 | $39,933 | $23,159 | $16,774 | — | — |