Plan Snapshot
- Plan Sponsor: Syniverse Technologies LLC
- Sponsor EIN: 061262301
- Sponsor Address: 8125 HIGHWOODS PALM WAY, TAMPA, FL, 33647
- Plan Type: 401(k)
- Total Participants: 469
- Total Assets: $176.2M
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 | 469 | $176.2M | $2.1M | $6.2M |
| 2023 | 468 | $167.7M | $2.1M | $6.1M |
| 2022 | 536 | $153.1M | $2.2M | $6.1M |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | CONSULTANT | $90,000 | — | $90,000 |
| ASSURANCE DIMENSIONS | AUDITOR | $10,000 | — | $10,000 |
| T. ROWE PRICE RETIREMENT PLAN SERV | RECORDKEEPER | $9,859 | — | $9,859 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,859
- Estimated Expense Ratio: 0.062% 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 | $138,089 | $22,500 | $300 | — | — |
| 2023 | $167,809 | — | — | — | — |
| 2022 | $212,534 | — | — | — | $68,400 |