Plan Snapshot
- Plan Sponsor: Sussex Im, INC.
- Sponsor EIN: 900508625
- Sponsor Address: N65 W24770 MAIN STREET, SUSSEX, WI, 53089
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $39.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 221 | $39.5M | $606,162 | $1.0M |
| 2023 | 243 | $38.1M | $629,938 | $1.1M |
| 2022 | 276 | $34.1M | $533,629 | $1.1M |
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 | $33,801 | — | $33,801 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $16,567 | — | $16,567 |
| ENVESTNET RETIREMENT SOLUTIONS, LLC | OTHER | $15,059 | — | $15,059 |
| QBCO ASSURANCE, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,427
- Estimated Expense Ratio: 0.166% 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 | $65,437 | $16,567 | — | — | — |
| 2023 | $25,485 | $11,734 | — | — | — |
| 2022 | $25,129 | — | $25,129 | — | — |