Plan Snapshot
- Plan Sponsor: Sps Companies, INC.
- Sponsor EIN: 813861862
- Sponsor Address: 555 POYNTZ AVENUE, MANHATTAN, KS, 66502
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 671
- Total Assets: $2.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 671 | $2.3M | $0 | $0 |
| 2024 | 686 | $2.1M | $6.5M | $2.0M |
| 2023 | 495 | $2.1M | $7.6M | $1.9M |
| 2022 | 531 | $1.5M | $5.9M | $2.0M |
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 |
|---|---|---|---|---|
| ALLIED BENEFIT SYSTEMS, LLC | Other Service Provider | $255,299 | — | $255,299 |
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $112,544 | — | $112,544 |
| PREFERRED RESOURCE NETWORK | Other Service Provider | $44,046 | — | $44,046 |
| GALLAGHER | Other Service Provider | $42,700 | — | $42,700 |
| FORVIS MAZARS, LLP | Other Service Provider | $41,487 | — | $41,487 |
| HINGE HEALTH | Other Service Provider | $30,927 | — | $30,927 |
| DELTA DENTAL OF KANSAS | Other Service Provider | $25,031 | — | $25,031 |
| FEE INSURANCE | Other Service Provider | $25,000 | — | $25,000 |
| TELADOC | Other Service Provider | $9,406 | — | $9,406 |
| AMERICAN HEALTH HOLDING | Other Service Provider | $8,468 | — | $8,468 |
| SELECT ACCOUNT | Other Service Provider | $8,064 | — | $8,064 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $602,972
- Estimated Expense Ratio: 25.946% 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 |
|---|---|---|---|---|---|
| 2025 | $10,321,899 | — | $564,307 | $41,487 | — |
| 2024 | $457,496 | — | $354,131 | $40,465 | — |
| 2023 | $370,767 | — | $289,692 | $18,175 | — |
| 2022 | $402,133 | — | $378,515 | — | $23,618 |