Plan Snapshot
- Plan Sponsor: Sumco Phoenix Corporation
- Sponsor EIN: 223014284
- Sponsor Address: 19801 N. TATUM BLVD., PHOENIX, AZ, 85050
- Plan Type: 401(k)
- Total Participants: 618
- Total Assets: $148.5M
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 | 618 | $148.5M | $2.8M | $4.5M |
| 2023 | 575 | $145.6M | $2.8M | $4.5M |
| 2022 | 597 | $132.4M | $2.7M | $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 |
|---|---|---|---|---|
| CLIFTONLARSONALLENLLP | Auditor | $21,788 | — | $21,788 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLENLLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,788
- Estimated Expense Ratio: 0.015% 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 | $174,617 | — | $25,190 | $21,788 | — |
| 2023 | $187,833 | $40,000 | $125,658 | $21,000 | — |
| 2022 | $176,455 | $40,000 | $116,494 | — | $18,711 |