Plan Snapshot
- Plan Sponsor: Sypris Technologies, INC.
- Sponsor EIN: 611389825
- Sponsor Address: 101 BULLITT LANE, SUITE 450, LOUISVILLE, KY, 40222
- Plan Type: DB
- Total Participants: 0
- Total Assets: $7.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $7.1M | $0 | $0 |
| 2023 | 0 | $7.8M | $0 | $0 |
| 2022 | 0 | $8.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| PNC BANK, NATIONAL ASSOCIATION | NONE | $36,918 | — | $36,918 |
| MERCER | NONE | $26,776 | — | $26,776 |
| CHERRY BEKAERT LLP | NONE | $8,610 | — | $8,610 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,304
- Estimated Expense Ratio: 1.017% 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 | $90,888 | — | — | $8,610 | — |
| 2023 | $104,325 | — | — | $7,700 | — |
| 2022 | $93,368 | — | — | — | $74,800 |