Plan Snapshot
- Plan Sponsor: Springs Global Us, INC.
- Sponsor EIN: 203707005
- Sponsor Address: 1646 W HIGHWAY 160 PMB 8117, FORT MILL, SC, 29708
- Plan Type: 401(k)
- Total Participants: 1
- Total Assets: $51.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | $51.0M | $0 | $58,922 |
| 2023 | 8 | $51.3M | $0 | $83,630 |
| 2022 | 9 | $48.9M | $0 | $81,332 |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS, LLC | INVESTMENT ADVISOR | $54,621 | — | $54,621 |
| ELLIOTT GROUP CPAS, PLLC | AUDITOR | $19,000 | — | $19,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELLIOTT GROUP CPAS, PLLC — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,621
- Estimated Expense Ratio: 0.144% 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 | $65,528 | — | — | $19,000 | — |
| 2023 | $96,781 | $82,641 | — | $18,999 | — |
| 2022 | $95,953 | — | — | — | — |