Plan Snapshot
- Plan Sponsor: Sefar INC.
- Sponsor EIN: 135438420
- Sponsor Address: 111 CALUMET STREET, DEPEW, NY, 14043
- Plan Type: 401(k)
- Total Participants: 164
- Total Assets: $23.6M
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 | 164 | $23.6M | $308,044 | $805,035 |
| 2023 | 176 | $21.6M | $309,205 | $832,998 |
| 2022 | 177 | $18.5M | $291,526 | $781,131 |
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 |
|---|---|---|---|---|
| FREED MAXICK P.C | 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 | $9,524 | — | $9,524 | — | — |
| 2023 | $7,299 | — | $7,299 | — | — |
| 2022 | $7,274 | — | $7,274 | — | — |