Plan Snapshot
- Plan Sponsor: Sap America, INC.
- Sponsor EIN: 363556041
- Sponsor Address: 3999 WEST CHESTER PIKE, NEWTOWN SQUARE, PA, 19073
- Plan Type: 401(k)
- Total Participants: 16,587
- Total Assets: $8.1B
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 | 16,587 | $8.1B | $115.4M | $304.0M |
| 2023 | 18,420 | $7.5B | $123.9M | $300.5M |
| 2022 | 18,856 | $6.4B | $122.6M | $288.6M |
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 |
|---|---|---|---|---|
| VANGUARD ADVISERS INC. | NONE | $3,509,196 | — | $3,509,196 |
| THE VANGUARD GROUP, INC. | NONE | $816,839 | — | $816,839 |
| CHARLES SCHWAB & CO., INC. | NONE | $75,824 | — | $75,824 |
| KREISCHER MILLER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISERS INC. — NONE
- THE VANGUARD GROUP, INC. — NONE
- CHARLES SCHWAB & CO., INC. — NONE
- KREISCHER MILLER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,401,859
- Estimated Expense Ratio: 0.054% 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 | $4,290,025 | — | — | — | — |
| 2023 | $3,859,265 | — | — | — | — |
| 2022 | $3,545,287 | — | — | — | — |