Plan Snapshot
- Plan Sponsor: Sirius Technical Services, INC.
- Sponsor EIN: 202462138
- Sponsor Address: 11 NORTH WATER STREET, MOBILE, AL, 36602
- Plan Type: 401(k)
- Total Participants: 582
- Total Assets: $6.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 582 | $6.1M | $109,618 | $445,215 |
| 2023 | 599 | $6.2M | $92,343 | $461,158 |
| 2022 | 1,393 | $5.8M | $73,415 | $465,420 |
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 |
|---|---|---|---|---|
| NEWPORT GROUP INC. | RECORDKEEPER | $37,126 | — | $37,126 |
| MITCHELL MCLEOD PUGH & WILLIAMS | ADVISOR | $14,984 | — | $14,984 |
| BLACK & PINCKARD, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLACK & PINCKARD, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,110
- Estimated Expense Ratio: 0.859% 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 | $53,579 | $14,984 | $22,799 | — | — |
| 2023 | $10,069 | — | $10,069 | — | — |
| 2022 | $1,645 | — | $1,645 | — | — |