Plan Snapshot
- Plan Sponsor: Sport Clips, INC.
- Sponsor EIN: 742759375
- Sponsor Address: 110 SPORT CLIPS WAY, GEORGETOWN, TX, 78628
- Plan Type: 401(k)
- Total Participants: 1,181
- Total Assets: $21.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,181 | $21.9M | $1.2M | $1.9M |
| 2023 | 596 | $18.7M | $1.1M | $1.7M |
| 2022 | 538 | $15.9M | $921,720 | $1.4M |
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 |
|---|---|---|---|---|
| WELLS FARGO CLEARING SERVICES LLC | ADVISOR | — | $47,334 | $47,334 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $15,656 | — | $15,656 |
| RYAN & MANN LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- RYAN & MANN LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,990
- Estimated Expense Ratio: 0.287% 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 | $15,656 | — | — | — | — |
| 2023 | $10,931 | — | — | — | — |
| 2022 | $8,825 | — | — | — | — |