Plan Snapshot
- Plan Sponsor: Santa Clara Development Corporat
- Sponsor EIN: 850480904
- Sponsor Address: 460 N RIVERSIDE DRIVE, ESPANOLA, NM, 87532
- Plan Type: 401(k)
- Total Participants: 288
- Total Assets: $3.5M
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 | 288 | $3.5M | $299,800 | $382,066 |
| 2023 | 255 | $3.0M | $275,117 | $349,924 |
| 2022 | 350 | $2.4M | $209,608 | $262,165 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $41,362 | — | $41,362 |
| SJT GROUP LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- SJT GROUP LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,362
- Estimated Expense Ratio: 1.197% 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 | $41,362 | $616 | — | — | — |
| 2023 | $37,686 | — | — | — | — |
| 2022 | $28,318 | $62 | — | — | — |