Plan Snapshot
- Plan Sponsor: Sapp Bros., INC.
- Sponsor EIN: 470720019
- Sponsor Address: 9915 SOUTH 148TH STREET, OMAHA, NE, 68138
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 961
- Total Assets: $34.8M
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. |
|---|---|---|---|---|
| 2025 | 961 | $34.8M | $0 | $0 |
| 2024 | 884 | $30.5M | $936,627 | $2.8M |
| 2023 | 888 | $25.7M | $868,280 | $2.4M |
| 2022 | 883 | $20.2M | $765,729 | $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 |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT PLAN SVCS. | Recordkeeper | $83,791 | — | $83,791 |
| USI ADVISORS INC | Investment Advisor | $69,956 | — | $69,956 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $153,747
- Estimated Expense Ratio: 0.442% 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 |
|---|---|---|---|---|---|
| 2025 | $4,745,073 | $69,956 | — | — | — |
| 2024 | $130,654 | $64,165 | — | — | — |
| 2023 | $111,781 | $52,069 | — | — | — |
| 2022 | $101,260 | — | $101,260 | — | — |