Plan Snapshot
- Plan Sponsor: Service Access & Management, INC.
- Sponsor EIN: 232897133
- Sponsor Address: 590 TERRY REILEY WAY, POTTSVILLE, PA, 17901
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 792
- Total Assets: $43.1M
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. |
|---|---|---|---|---|
| 2024 | 792 | $43.1M | $1.2M | $2.7M |
| 2023 | 840 | $38.4M | $1.2M | $2.5M |
| 2022 | 841 | $33.2M | $1.2M | $2.6M |
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 |
|---|---|---|---|---|
| COMMONWEALTH FINANCIAL NETWORK | Investment Advisor | $89,158 | — | $89,158 |
| WIPFLI LLP | Recordkeeper | $12,847 | $19,951 | $32,798 |
| NATIONWIDE | Recordkeeper | $24,628 | — | $24,628 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL NETWORK — Investment Advisor
- WIPFLI LLP — Recordkeeper
- NATIONWIDE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $146,584
- Estimated Expense Ratio: 0.340% 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 | $126,633 | $89,158 | — | — | — |
| 2023 | $108,802 | $67,150 | — | — | — |
| 2022 | $127,355 | — | $127,355 | — | — |