Plan Snapshot
- Plan Sponsor: Synergi Holdings
- Sponsor EIN: 823721446
- Sponsor Address: P.O. BOX 5599, FLORENCE, SC, 295025599
- Plan Type: 401(k)
- Total Participants: 302
- Total Assets: $12.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 302 | $12.8M | $878,314 | $2.1M |
| 2023 | 356 | $9.3M | $899,980 | $2.2M |
| 2022 | 149 | $5.2M | $655,503 | $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 |
|---|---|---|---|---|
| THE HOBBS GROUP, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE HOBBS GROUP, P.A. — Auditor
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 | $99,568 | — | $99,568 | — | — |
| 2023 | $51,927 | — | $51,927 | — | — |
| 2022 | $27,596 | — | — | — | $27,596 |