# Springpoint Senior Living, INC. 401(k) Plan
Source: https://planprovider.pro/companies/springpoint-senior-living-inc-401k-plan

> Springpoint Senior Living, INC.&#39;s 401(k) plan: 1,787 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Springpoint Senior Living, INC.

- **Sponsor EIN:** 311480524

- **Sponsor Address:** 4814 OUTLOOK DRIVE SUITE 201, WALL TOWNSHIP, NJ, 07753

- **Plan Type:** 401(k)

- **Total Participants:** 1,787

- **Total Assets:** $82.5M

## 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|1,787|$82.5M|$1.4M|$4.5M|

| 2023|1,664|$74.8M|$1.3M|$4.4M|

| 2022|862|$66.3M|$1.3M|$4.4M|

## 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|

| EMPOWER ANNUITY INSURANCE COMPANY|RECORDKEEPER|$71,965|—|$71,965|

| DM DIPIERO FAMTR FBO DM DIPIERO III|CONTRACT ADMIN|$39,762|—|$39,762|

| FRANCIS W PALMIERI PC DBA PALMIERI|ATTORNEY|$13,800|—|$13,800|

| BAKER TILLY US LLP|AUDITOR|$8,000|—|$8,000|

| BAKER TILLY US, LLP|Auditor|$8,000|—|$8,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BAKER TILLY US LLP](https://planprovider.pro/provider/baker-tilly-us-llp) — AUDITOR

- [BAKER TILLY US, LLP](https://planprovider.pro/provider/baker-tilly-us-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $141,527

- **Estimated Expense Ratio:** 0.172% 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|$138,368|$863|$56,160|$8,000|—|

| 2023|$147,236|$72,127|$74,134|—|—|

| 2022|$160,948|$24,879|$100,109|—|$33,315|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/springpoint-senior-living-inc-401k-plan)

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