Plan Snapshot
- Plan Sponsor: Spirax Sarco, INC.
- Sponsor EIN: 232239452
- Sponsor Address: 1150 NORTHPOINT BLVD, BLYTHEWOOD, SC, 29016
- Plan Type: 401(k)
- Total Participants: 1,242
- Total Assets: $150.7M
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 | 1,242 | $150.7M | $7.7M | $9.2M |
| 2023 | 1,072 | $136.9M | $7.2M | $7.8M |
| 2022 | 568 | $65.0M | $5.1M | $4.7M |
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 | $117,827 | — | $117,827 |
| CAPFINANCIAL PARTNERS LLC | INVESTMENT ADVISOR | $109,530 | — | $109,530 |
| CBIZ BENEFITS & INSURANCE SERVICES | ACTUARY | $60,000 | — | $60,000 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $287,357
- Estimated Expense Ratio: 0.191% 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 | $287,357 | — | — | — | — |
| 2023 | $223,161 | $79,560 | — | — | — |
| 2022 | $213,654 | — | — | — | — |