Plan Snapshot
- Plan Sponsor: Spring Eq LLC
- Sponsor EIN: 371801711
- Sponsor Address: 1 WEST ELM ST, CONSHOHOCKEN, PA, 194284152
- Plan Type: 401(k)
- Total Participants: 420
- Total Assets: $15.6M
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 | 420 | $15.6M | $853,224 | $2.4M |
| 2023 | 310 | $9.3M | $610,895 | $1.7M |
| 2022 | 344 | $4.9M | $566,649 | $1.5M |
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 |
|---|---|---|---|---|
| MML INVESTORS SERVICES | Other Service Provider | $29,893 | — | $29,893 |
| THE VANGUARD GROUP, INC. | Recordkeeper | $29,815 | — | $29,815 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,708
- Estimated Expense Ratio: 0.384% 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 | $59,709 | $29,893 | $29,816 | — | — |
| 2023 | $46,112 | $15,943 | $30,169 | — | — |
| 2022 | $31,435 | $8,508 | $22,927 | — | — |