Plan Snapshot
- Plan Sponsor: Sps North America INC.
- Sponsor EIN: 133670421
- Sponsor Address: 10 EAST 40TH STREET 9TH FLOOR, NEW YORK, NY, 10016
- Plan Type: 401(k)
- Total Participants: 2,823
- Total Assets: $43.1M
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 | 2,823 | $43.1M | $2.3M | $5.4M |
| 2023 | 2,640 | $36.8M | $2.2M | $4.8M |
| 2022 | 2,219 | $28.2M | $2.0M | $3.8M |
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 |
|---|---|---|---|---|
| TRAILBREAKER ACCOUNTING PLLC | Auditor | $30,000 | — | $30,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,000
- Estimated Expense Ratio: 0.070% 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 | $614,101 | $103,012 | $442,001 | $30,000 | — |
| 2023 | $431,015 | $30,620 | $369,776 | — | — |
| 2022 | $362,461 | $33,252 | $251,019 | — | $78,190 |