Plan Snapshot
- Plan Sponsor: Spire Power Solutions L.P.
- Sponsor EIN: 842489306
- Sponsor Address: 200 NEWTON BRIDGE ROAD, ATHENS, GA, 30607
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 301
- Total Assets: $8.0M
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. |
|---|---|---|---|---|
| 2023 | 301 | $8.0M | $241,370 | $585,735 |
| 2022 | 376 | $6.9M | $231,135 | $567,968 |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | Other Service Provider | $39,883 | — | $39,883 |
| FAIRCOURT PARTNERS LLC | Other Service Provider | $26,947 | — | $26,947 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,830
- Estimated Expense Ratio: 0.830% 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 |
|---|---|---|---|---|---|
| 2023 | $66,830 | $26,947 | $39,883 | — | — |
| 2022 | $58,497 | $22,407 | $36,090 | — | — |