Plan Snapshot
- Plan Sponsor: Spada Properties, INC.
- Sponsor EIN: 930550021
- Sponsor Address: 8448 NE 33RD DR, STE 100, PORTLAND, OR, 97211
- Plan Type: 401(k)
- Total Participants: 430
- Total Assets: $4.1M
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 | 430 | $4.1M | $0 | $938,838 |
| 2023 | 453 | $3.2M | $219,417 | $861,299 |
| 2022 | 436 | $1.9M | $234,467 | $815,119 |
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 CO | CONTRACT ADMINISTRATOR | $16,153 | — | $16,153 |
| HOFFMAN, STEWART & SCHMIDT P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HOFFMAN, STEWART & SCHMIDT P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,153
- Estimated Expense Ratio: 0.390% 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 | $18,028 | — | $18,028 | — | — |
| 2023 | $58,761 | — | $57,772 | — | — |
| 2022 | $41,816 | — | $40,016 | — | $1,800 |