Plan Snapshot
- Plan Sponsor: Syfan Logistics, INC.
- Sponsor EIN: 452664830
- Sponsor Address: 2037 OLD CANDLER ROAD, GAINESVILLE, GA, 305077263
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 507
- Total Assets: $17.3M
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. |
|---|---|---|---|---|
| 2025 | 507 | $17.3M | $0 | $0 |
| 2024 | 377 | $14.4M | $579,464 | $1.6M |
| 2023 | 362 | $11.7M | $1.1M | $1.6M |
| 2022 | 332 | $7.8M | $948,650 | $1.6M |
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 |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL SERVICES AD | Other Service Provider | — | $43,844 | $43,844 |
| KINGSWOOD WEALTH ADVISORS, LLC | Other Service Provider | — | $16,476 | $16,476 |
| RETIREMENT BENEFIT SOLUTIONS | Recordkeeper | — | $8,606 | $8,606 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,926
- Estimated Expense Ratio: 0.399% 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 | $1,646,094 | — | $99,516 | — | — |
| 2024 | $88,278 | — | $86,278 | — | — |
| 2023 | $67,468 | — | $67,468 | — | — |
| 2022 | $46,549 | — | $46,549 | — | — |