Plan Snapshot
- Plan Sponsor: Sew-Eurodrive, INC.
- Sponsor EIN: 310870891
- Sponsor Address: 1275 OLD SPARTANBURG HWY, LYMAN, SC, 29365
- Plan Type: 401(k)
- Total Participants: 1,062
- Total Assets: $238.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1,062 | $238.0M | $11.6M | $5.8M |
| 2023 | 1,050 | $207.9M | $11.0M | $5.5M |
| 2022 | 965 | $174.8M | $9.7M | $5.0M |
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 |
|---|---|---|---|---|
| ELLIOTT DAVIS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELLIOTT DAVIS, LLC — Auditor
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 | $185,122 | $59,942 | $111,564 | — | — |
| 2023 | $166,029 | $59,974 | $95,639 | — | — |
| 2022 | $170,838 | $54,899 | $114,894 | — | — |