Plan Snapshot
- Plan Sponsor: Sealy Mattress Corporation
- Sponsor EIN: 201178482
- Sponsor Address: 1000 TEMPUR WAY, LEXINGTON, KY, 40511
- Plan Type: 401(k)
- Total Participants: 2,114
- Total Assets: $13.1M
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 | 2,114 | $13.1M | $193,074 | $1.6M |
| 2023 | 2,215 | $11.9M | $186,541 | $1.5M |
| 2022 | 2,244 | $9.6M | $114,431 | $1.1M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $15,494 | — | $15,494 |
| EMPOWER ANNUITY INSURANCE COMPANY C | NONE | $11,826 | — | $11,826 |
| SMITH LEONARD | Auditor | $142 | — | $142 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH LEONARD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,462
- Estimated Expense Ratio: 0.209% 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 | $28,020 | — | $15,494 | $142 | — |
| 2023 | $36,459 | — | $36,459 | — | — |
| 2022 | $25,929 | — | $25,929 | — | — |