Plan Snapshot
- Plan Sponsor: Sese Industrial Services Us Corp.
- Sponsor EIN: 853165545
- Sponsor Address: 6153 CLAUDE RAMSEY PARKWAY, CHATTANOOGA, TN, 37416
- Plan Type: 401(k)
- Total Participants: 316
- Total Assets: $2.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 316 | $2.3M | $469,897 | $592,680 |
| 2023 | 343 | $1.4M | $450,234 | $550,183 |
| 2022 | 234 | $385,989 | $165,266 | $224,312 |
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 RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $38,757 | $16 | $38,773 |
| ACUMEN WEALTH ADVISORS,LLC | SERVICE PROVIDER | — | $9,228 | $9,228 |
| HENDERSON HUTCHERSON & MCCULLOUGH | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,001
- Estimated Expense Ratio: 2.092% 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 | $38,757 | — | $34,207 | — | — |
| 2023 | $13,435 | — | — | — | — |
| 2022 | — | — | — | — | — |