Plan Snapshot
- Plan Sponsor: Spr Packaging LLC
- Sponsor EIN: 471014229
- Sponsor Address: 1480 JUSTIN ROAD, ROCKWALL, TX, 75087
- Plan Type: 401(k)
- Total Participants: 341
- Total Assets: $13.4M
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 | 341 | $13.4M | $801,386 | $1.4M |
| 2023 | 281 | $11.4M | $634,196 | $1.1M |
| 2022 | 256 | $9.3M | $607,548 | $1.1M |
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 |
|---|---|---|---|---|
| BETTERMENT FOR BUSINESS, LLC | RECORDKEEPER | $54,550 | — | $54,550 |
| BONADIO & CO,. LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BETTERMENT FOR BUSINESS, LLC — RECORDKEEPER
- BONADIO & CO,. LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,550
- Estimated Expense Ratio: 0.406% 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 | $54,550 | $22,124 | — | — | — |
| 2023 | $42,948 | $23,898 | — | — | — |
| 2022 | $34,483 | $22,483 | — | — | $12,000 |