Plan Snapshot
- Plan Sponsor: Superior Essex INC.
- Sponsor EIN: 200282396
- Sponsor Address: 5770 POWERS FERRY ROAD NW, ATLANTA, GA, 303274304
- Plan Type: 401(k)
- Total Participants: 368
- Total Assets: $25.6M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 368 | $25.6M | $763,582 | $1.2M |
| 2023 | 344 | $23.1M | $674,268 | $1.1M |
| 2022 | 327 | $20.4M | $606,141 | $1.0M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $39,384 | — | $39,384 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISORY | $17,000 | — | $17,000 |
| SEJONG LLP | ACCOUNTANT | $16,789 | — | $16,789 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,173
- Estimated Expense Ratio: 0.286% 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 | $73,173 | $17,000 | $39,384 | $16,789 | — |
| 2023 | $50,340 | $5,494 | $35,969 | — | — |
| 2022 | $64,096 | $5,572 | $32,476 | — | $26,048 |