Plan Snapshot
- Plan Sponsor: Savana, INC.
- Sponsor EIN: 264775786
- Sponsor Address: 50 VALLEY STREAM PARKWAY, MALVERN, PA, 19355
- Plan Type: 401(k)
- Total Participants: 85
- Total Assets: $9.2M
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 | 85 | $9.2M | $270,788 | $888,707 |
| 2023 | 110 | $8.8M | $386,711 | $1.3M |
| 2022 | 158 | $7.1M | $356,795 | $1.2M |
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 |
|---|---|---|---|---|
| BAKER TILLY VIRCHOW KRAUSE, LLP | 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 | $75,170 | $57,621 | $17,549 | — | — |
| 2023 | $66,600 | $49,518 | $17,082 | — | — |
| 2022 | $54,001 | $41,183 | $12,818 | — | — |