Plan Snapshot
- Plan Sponsor: Sumitomo Electric Wiring Systems, INC.
- Sponsor EIN: 133365815
- Sponsor Address: 1018 ASHLEY STREET, BOWLING GREEN, KY, 421029031
- Plan Type: 401(k)
- Total Participants: 1,861
- Total Assets: $193.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,861 | $193.8M | $4.6M | $8.6M |
| 2023 | 1,763 | $170.1M | $4.3M | $8.0M |
| 2022 | 1,769 | $150.5M | $4.1M | $7.6M |
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 | RECORDKEEPER | $211,548 | — | $211,548 |
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | INVESTMENT ADVISOR | $56,937 | — | $56,937 |
| BORIS BENIC AND ASSOCIATES LLP | AUDITOR | $17,125 | — | $17,125 |
| BORIS BENIC AND ASSOCIATES LLC | Auditor | $17,125 | — | $17,125 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BORIS BENIC AND ASSOCIATES LLP — AUDITOR
- BORIS BENIC AND ASSOCIATES LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $302,735
- Estimated Expense Ratio: 0.156% 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 | $409,649 | $56,937 | $80 | $17,125 | — |
| 2023 | $277,889 | $34,336 | $221,140 | $14,000 | — |
| 2022 | $270,488 | $44,084 | $211,679 | — | $12,000 |