Plan Snapshot
- Plan Sponsor: Suzy, INC.
- Sponsor EIN: 452873420
- Sponsor Address: 228 PARK AVE S PMB 85529, NEW YORK, NY, 100031502
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 240
- Total Assets: $17.4M
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. |
|---|---|---|---|---|
| 2025 | 240 | $17.4M | $0 | $0 |
| 2024 | 200 | $18.0M | $953,264 | $2.8M |
| 2023 | 232 | $13.5M | $974,506 | $2.8M |
| 2022 | 262 | $8.1M | $836,372 | $2.3M |
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 | Recordkeeper | $102,389 | — | $102,389 |
| PARK AVENUE SECURITIES | Other Service Provider | — | $33,893 | $33,893 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $136,282
- Estimated Expense Ratio: 0.785% 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 |
|---|---|---|---|---|---|
| 2025 | $6,616,088 | — | $102,389 | — | — |
| 2024 | $89,102 | — | $89,102 | — | — |
| 2023 | $62,851 | — | $62,851 | — | — |
| 2022 | $42,171 | — | $42,171 | — | — |