Plan Snapshot
- Plan Sponsor: Synergy Companies
- Sponsor EIN: 943057724
- Sponsor Address: 28436 SATELLITE ST, HAYWARD, CA, 94545
- Plan Type: 401(k)
- Total Participants: 453
- Total Assets: $11.0M
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 | 453 | $11.0M | $316,546 | $824,499 |
| 2023 | 335 | $9.1M | $249,625 | $708,706 |
| 2022 | 335 | $7.4M | $288,936 | $727,171 |
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 |
|---|---|---|---|---|
| SAGEVIEW ADVISORY GROUP | INVESTMENT ADVISOR | $28,916 | — | $28,916 |
| COTA STREET INVESTMENT MGT | INVESTMENT MGMT | $11,465 | — | $11,465 |
| EMPOWER ANNUITY INS CO OF AMERICA | RECORDKEEPER | $9,115 | — | $9,115 |
| PENTEGRA SERVICES INC | CONTRACT ADMIN | $6,099 | — | $6,099 |
| PLANCHECK CPAS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW ADVISORY GROUP — INVESTMENT ADVISOR
- PLANCHECK CPAS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,595
- Estimated Expense Ratio: 0.503% 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 | $49,978 | — | — | — | — |
| 2023 | $40,276 | — | $40,276 | — | — |
| 2022 | $36,574 | — | — | — | $36,574 |