Plan Snapshot
- Plan Sponsor: Spatco Energy Solutions, LLC
- Sponsor EIN: 843846075
- Sponsor Address: 4201 CONGRESS ST., SUITE 440, CHARLOTTE, NC, 28209
- Plan Type: 401(k)
- Total Participants: 1,222
- Total Assets: $38.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,222 | $38.2M | $1.4M | $4.3M |
| 2023 | 712 | $29.7M | $588,683 | $2.8M |
| 2022 | 589 | $16.6M | $492,527 | $2.2M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $109,908 | $14,767 | — | — | — |
| 2023 | $112,357 | $46,162 | — | — | — |
| 2022 | $102,617 | — | — | — | — |