Plan Snapshot
- Plan Sponsor: Synergy Care, INC.
- Sponsor EIN: 721448530
- Sponsor Address: ONE LAKESHORE DR., SUITE 1900, LAKE CHARLES, LA, 70629
- Plan Type: 401(k)
- Total Participants: 483
- Total Assets: $8.8M
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 | 483 | $8.8M | $155,454 | $479,165 |
| 2023 | 622 | $8.1M | $179,637 | $490,036 |
| 2022 | 580 | $6.4M | $200,507 | $515,525 |
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 |
|---|---|---|---|---|
| ERICKSEN KRENTEL, LLP | 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 | $54,589 | — | $54,589 | — | — |
| 2023 | $40,280 | — | $40,280 | — | — |
| 2022 | $66,392 | — | $66,392 | — | — |