Plan Snapshot
- Plan Sponsor: Space Exploration Technologies Corp.
- Sponsor EIN: 010627671
- Sponsor Address: 1 ROCKET RD., HAWTHORNE, CA, 90250
- Plan Type: 401(k)
- Total Participants: 16,002
- Total Assets: $571.4M
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 | 16,002 | $571.4M | $0 | $68.0M |
| 2023 | 13,612 | $450.5M | $0 | $58.1M |
| 2022 | 11,701 | $336.9M | $0 | $50.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $238,724 | — | $238,724 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $46,397 | — | $46,397 |
| PRECEPT ADVISORY GROUP, LLC | INVESTMENT ADVISOR | $28,125 | — | $28,125 |
| SERVATIUS, O'BRIEN & FONG, LLP | ACCOUNTANT/AUDITOR | $23,000 | — | $23,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- SERVATIUS, O'BRIEN & FONG, LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $336,246
- Estimated Expense Ratio: 0.059% 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 | $336,246 | $46,397 | $600 | $23,000 | — |
| 2023 | $299,190 | $22,228 | $1,800 | $7,000 | — |
| 2022 | $299,626 | $3,758 | — | — | — |