Plan Snapshot
- Plan Sponsor: Sullivan Environmental Services INC.
- Sponsor EIN: 760484079
- Sponsor Address: P.O.BOX 17017, GALVESTON, TX, 77552
- Plan Type: 401(k)
- Total Participants: 1,635
- Total Assets: $41.4M
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 | 1,635 | $41.4M | $2.5M | $6.6M |
| 2023 | 1,250 | $29.3M | $2.1M | $5.5M |
| 2022 | 1,044 | $17.8M | $1.6M | $4.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $86,217 | — | $86,217 |
| USCA RIA LLC | ADVISOR | $85,396 | — | $85,396 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $14,027 | — | $14,027 |
| CREATIVE PLANNING LLC | ADVISOR | $9,186 | — | $9,186 |
| ABIP, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- CREATIVE PLANNING LLC — ADVISOR
- ABIP, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $194,826
- Estimated Expense Ratio: 0.470% 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 | $194,827 | $108,610 | — | — | — |
| 2023 | $133,206 | $73,664 | — | — | — |
| 2022 | $100,868 | $7,619 | — | — | — |