Plan Snapshot
- Plan Sponsor: States Logistics Services, INC.
- Sponsor EIN: 330782803
- Sponsor Address: 5650 DOLLY AVENUE, BUENA PARK, CA, 90621
- Plan Type: 401(k)
- Total Participants: 749
- Total Assets: $17.5M
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 | 749 | $17.5M | $341,823 | $2.0M |
| 2023 | 718 | $14.2M | $251,588 | $1.6M |
| 2022 | 515 | $11.2M | $0 | $1.3M |
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 O | Recordkeeper | $76,658 | — | $76,658 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $36,345 | — | $36,345 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $6,220 | — | $6,220 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,223
- Estimated Expense Ratio: 0.680% 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 | $119,223 | $42,565 | — | — | — |
| 2023 | $89,158 | $33,462 | — | — | — |
| 2022 | $87,958 | $33,556 | $54,402 | — | — |