# Savage Arms, INC. 401(k) Plan
Source: https://planprovider.pro/companies/savage-arms-inc-401k-plan-007

> Savage Arms, INC.'s 401(k) plan: 226 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Savage Arms, INC.

- **Sponsor EIN:** 760246017

- **Sponsor Address:** 100 SPRINGDALE ROAD, WESTFIELD, MA, 01085

- **Plan Type:** 401(k)

- **Total Participants:** 226

- **Total Assets:** $6.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|226|$6.0M|$228,706|$387,755|

| 2023|312|$5.9M|$288,735|$497,592|

| 2022|341|$5.3M|$338,978|$538,012|

## 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|

| WOLF & COMPANY, PC|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|$34,516|—|—|—|—|

| 2023|$32,560|$21,863|$10,697|—|—|

| 2022|$28,946|—|$7,360|—|$21,586|

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