Plan Snapshot
- Plan Sponsor: Seniorage
- Sponsor EIN: 431018538
- Sponsor Address: 1735 S. FORT, SPRINGFIELD, MO, 65807
- Plan Type: 403(b)
- Total Participants: 203
- Total Assets: $2.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 203 | $2.9M | $414,121 | $133,809 |
| 2023 | 212 | $2.7M | $372,679 | $133,844 |
| 2022 | 207 | $2.1M | $344,465 | $113,517 |
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 CO | Recordkeeper | $28,342 | — | $28,342 |
| DEFINITI, LLC | Recordkeeper | $12,532 | $1,306 | $13,838 |
| SECURITIES AMERICA INC | Other Service Provider | — | $9,297 | $9,297 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,477
- Estimated Expense Ratio: 1.749% 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 | $41,073 | $41,073 | — | — | — |
| 2023 | $27,880 | $27,880 | — | — | — |
| 2022 | $28,849 | $28,849 | — | — | — |