Plan Snapshot
- Plan Sponsor: Sb Investment Advisers (Us) INC.
- Sponsor EIN: 814760418
- Sponsor Address: 300 EL CAMINO REAL, BUILDING 2, MENLO PARK, CA, 94025
- Plan Type: 401(k)
- Total Participants: 746
- Total Assets: $132.9M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 746 | $132.9M | $11.9M | $14.1M |
| 2023 | 627 | $94.3M | $8.2M | $7.8M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORS INSURANCE COMPANY | RECORDKEEPER | $104,345 | — | $104,345 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $102,947 | — | $102,947 |
| CBIZ BENEFITS & INS. SERVICES | CONTRACT ADMIN | $62,305 | — | $62,305 |
| WORLD INVESTMENT ADVISORS, LLC | INVESTMENT ADVISOR | $40,000 | — | $40,000 |
| HOLTHOUSE CARLIN & VAN TRIGT LLP | AUDITOR | $19,125 | — | $19,125 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $328,722
- Estimated Expense Ratio: 0.247% 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 | $324,876 | $40,000 | $50,208 | $19,125 | — |
| 2023 | $262,422 | $50,000 | $50,977 | $16,500 | — |