Plan Snapshot
- Plan Sponsor: Sbe2, LLC
- Sponsor EIN: 814844239
- Sponsor Address: 1105 LEVEE RD, MORGAN CITY, LA, 70380
- Plan Type: 401(k)
- Total Participants: 295
- Total Assets: $7.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 295 | $7.5M | $75,823 | $428,703 |
| 2023 | 373 | $7.8M | $98,884 | $427,845 |
| 2022 | 384 | $7.3M | $189,329 | $499,551 |
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 |
|---|---|---|---|---|
| DAVIDSON DOYLE & HILTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DAVIDSON DOYLE & HILTON LLP — Auditor
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 | $69,182 | — | $69,182 | — | — |
| 2023 | $62,010 | — | $62,010 | — | — |
| 2022 | $63,530 | — | $63,530 | — | — |