Plan Snapshot
- Plan Sponsor: Scm Operations LLC
- Sponsor EIN: 852157656
- Sponsor Address: 5775 NORTH SAM HOUSTON PARKWAY WEST, HOUSTON, TX, 77086
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 189
- Total Assets: $15.3M
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 | 189 | $15.3M | $0 | $0 |
| 2024 | 145 | $11.6M | $1.1M | $1.5M |
| 2023 | 150 | $8.8M | $1.1M | $1.5M |
| 2022 | 157 | $5.0M | $1.0M | $1.4M |
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 |
|---|---|---|---|---|
| VOYA RETIRMENT ADVISORS LLC | Other Service Provider | $7,563 | — | $7,563 |
| NOVA 401(K) ASSOCIATES | Recordkeeper | — | $6,317 | $6,317 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,880
- Estimated Expense Ratio: 0.091% 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 | $1,696,578 | $7,631 | $83 | — | — |
| 2024 | $44,480 | $5,881 | — | — | — |
| 2023 | $28,570 | $4,086 | — | — | — |
| 2022 | $19,134 | $755 | $18,379 | — | — |