Plan Snapshot
- Plan Sponsor: Synergy Hr LLC
- Sponsor EIN: 813943870
- Sponsor Address: 10996 FOUR SEASONS PLACE, CROWN POINT, IN, 46307
- Plan Type: 401(k)
- Total Participants: 616
- Total Assets: $2.3M
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 | 616 | $2.3M | $32,235 | $580,905 |
| 2023 | 631 | $1.9M | $5,097 | $391,110 |
| 2022 | 631 | $1.3M | $451 | $215,186 |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INS CO | RECORDKEEPER | $26,957 | — | $26,957 |
| CBIZ INVESTMENT ADVISORY SERVICES | ADVISOR | $9,867 | — | $9,867 |
| SMITH & HOWARD, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS CO — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,824
- Estimated Expense Ratio: 1.620% 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 | $36,824 | $9,867 | — | — | — |
| 2023 | $30,454 | $7,664 | — | — | — |
| 2022 | $14,636 | — | — | — | $3,684 |