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: $3.0M
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 | $3.0M | $108,367 | $0 |
| 2023 | 0 | $3.3M | $135,000 | $0 |
| 2022 | 0 | $3.4M | $47,452 | $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 |
|---|---|---|---|---|
| MERCER | NONE | $25,502 | — | $25,502 |
| PNC BANK, NATIONAL ASSOCIATION | NONE | $15,325 | — | $15,325 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,827
- Estimated Expense Ratio: 1.346% 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 | $487,708 | — | $40,827 | — | — |
| 2023 | $561,413 | — | $42,566 | — | — |
| 2022 | $581,669 | — | $38,351 | — | — |