Plan Snapshot
- Plan Sponsor: Synacor, INC.
- Sponsor EIN: 161542712
- Sponsor Address: 155 CHANDLER STREET, BUFFALO, NY, 14207
- Plan Type: 401(k)
- Total Participants: 60
- Total Assets: $15.0M
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 | 60 | $15.0M | $308,783 | $805,438 |
| 2023 | 84 | $13.8M | $315,348 | $1.0M |
| 2022 | 97 | $12.0M | $296,180 | $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 |
|---|---|---|---|---|
| FREED MAXICK P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $32,539 | — | $32,539 | — | — |
| 2023 | $31,467 | — | $31,467 | — | — |
| 2022 | $28,441 | $9,534 | $18,907 | — | — |