Plan Snapshot
- Plan Sponsor: Sps Technologies, LLC
- Sponsor EIN: 231116110
- Sponsor Address: 301 HIGHLAND AVE, JENKINTOWN, PA, 190462630
- Plan Type: DB
- Total Participants: 509
- Total Assets: $146.2M
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. |
|---|---|---|---|---|
| 2024 | 509 | $146.2M | $0 | $0 |
| 2023 | 554 | $133.2M | $0 | $0 |
| 2022 | 619 | $121.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | $27,864 | — | $27,864 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- 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: $27,864
- Estimated Expense Ratio: 0.019% 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 | $563,405 | — | — | $27,864 | — |
| 2023 | $545,148 | — | — | $27,375 | — |
| 2022 | $520,889 | — | — | — | $333,977 |