Plan Snapshot
- Plan Sponsor: Spears Manufacturing Co.
- Sponsor EIN: 952647135
- Sponsor Address: 15853 OLDEN STREET, SYLMAR, CA, 91342
- Plan Type: 401(k)
- Total Participants: 2,021
- Total Assets: $65.0M
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 | 2,021 | $65.0M | $1.2M | $2.5M |
| 2023 | 1,939 | $61.9M | $1.2M | $2.4M |
| 2022 | 1,807 | $55.8M | $1.2M | $2.5M |
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 | $19,190 | — | $19,190 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $13,690 | — | $13,690 |
| MEIHAUS CPA,PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- MEIHAUS CPA,PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,880
- Estimated Expense Ratio: 0.051% 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 | $32,880 | $13,690 | — | — | — |
| 2023 | $33,683 | $14,120 | — | — | — |
| 2022 | $35,798 | $16,342 | — | — | — |