Plan Snapshot
- Plan Sponsor: Synergos Companies LLC
- Sponsor EIN: 842764368
- Sponsor Address: 16430 N SCOTTSDALE ROAD, SCOTTSDALE, AZ, 85254
- Plan Type: 401(k)
- Total Participants: 2,753
- Total Assets: $36.3M
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. |
|---|---|---|---|---|
| 2024 | 2,753 | $36.3M | $1.9M | $3.0M |
| 2023 | 2,529 | $22.1M | $1.5M | $2.5M |
| 2022 | 1,382 | $16.5M | $827,688 | $1.3M |
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 |
|---|---|---|---|---|
| NYLIFE SECURITIES LLC | BROKER/ADVISOR | — | $117,317 | $117,317 |
| EMPOWER ANNUITY INS CO OF AMERICA | RECORDKEEPER | $100,157 | — | $100,157 |
| TRUOG-RYDING COMPANY, INC | CONTRACT ADMIN | $30,115 | $10,000 | $40,115 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $16,721 | — | $16,721 |
| WALLACE, PLESE & DREHER, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WALLACE, PLESE & DREHER, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $274,310
- Estimated Expense Ratio: 0.756% 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 | $139,609 | $130,349 | $9,260 | — | — |
| 2023 | $94,076 | $91,411 | $2,665 | — | — |
| 2022 | $71,557 | $69,657 | $1,900 | — | — |