# Sew-Eurodrive, INC. 401(k) Plan
Source: https://planprovider.pro/companies/sew-eurodrive-inc-401k-plan

> Sew-Eurodrive, INC.'s 401(k) plan: 1,062 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$126,117|—|$126,117|

| NORTHWESTERN MUTUAL WEALTH MGMT|INVESTMENT ADVISORY|$59,942|$58|$60,000|

| CREATIVE PLANNING LLC|INV ADV, PARTICIPANTS|$13,616|—|$13,616|

| ELLIOTT DAVIS, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [NORTHWESTERN MUTUAL WEALTH MGMT](https://planprovider.pro/provider/northwestern-mutual) — INVESTMENT ADVISORY

- [CREATIVE PLANNING LLC](https://planprovider.pro/provider/creative-planning) — INV ADV, PARTICIPANTS

- [ELLIOTT DAVIS, LLC](https://planprovider.pro/provider/elliott-davis-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $199,733

- **Estimated Expense Ratio:** 0.084% 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|$185,122|$59,942|$111,564|—|—|

| 2023|$166,029|$59,974|$95,639|—|—|

| 2022|$170,838|$54,899|$114,894|—|—|

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