Plan Snapshot
- Plan Sponsor: Sk Lubricants Americas, INC.
- Sponsor EIN: 760539789
- Sponsor Address: 11700 KATY FREEWAY, HOUSTON, TX, 77079
- Plan Type: 401(k)
- Total Participants: 86
- Total Assets: $7.5M
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. |
|---|---|---|---|---|
| 2023 | 86 | $7.5M | $327,429 | $546,496 |
| 2022 | 78 | $6.6M | $289,750 | $668,651 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $40,102 | — | $40,102 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $29,760 | — | $29,760 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,862
- Estimated Expense Ratio: 0.928% 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 |
|---|---|---|---|---|---|
| 2023 | $34,932 | $14,881 | — | — | — |
| 2022 | $36,294 | — | — | — | — |