Plan Snapshot
- Plan Sponsor: Spay, INC.
- Sponsor EIN: 474011165
- Sponsor Address: 5360 LEGACY DRIVE, PLANO, TX, 75024
- Plan Type: 401(k)
- Total Participants: 273
- Total Assets: $10.2M
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 | 273 | $10.2M | $0 | $1.6M |
| 2023 | 271 | $8.3M | $0 | $1.7M |
| 2022 | 272 | $6.0M | $0 | $1.5M |
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 |
|---|---|---|---|---|
| TRANSAMERICA LIFE INSURANCE COMPANY | Recordkeeper | $24,211 | — | $24,211 |
| NOVA 401(K) ASSOCIATES LP | Other Service Provider | $6,301 | $165 | $6,466 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA LIFE INSURANCE COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,677
- Estimated Expense Ratio: 0.302% 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 | $30,512 | — | $30,512 | — | — |
| 2023 | $22,669 | — | $22,669 | — | — |
| 2022 | $32,859 | — | $32,859 | — | — |