Plan Snapshot
- Plan Sponsor: Systems Automotive Interiors, LLC
- Sponsor EIN: 452901746
- Sponsor Address: 1 TB WAY, BUILDING 3, MANTACHIE, MS, 38855
- Plan Type: 401(k)
- Total Participants: 125
- Total Assets: $2.3M
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 | 125 | $2.3M | $151,005 | $208,091 |
| 2023 | 121 | $1.9M | $122,993 | $166,743 |
| 2022 | 114 | $1.5M | $109,025 | $134,038 |
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 |
|---|---|---|---|---|
| WILLIAMS, WEISS, HESTER & CO., PLLC | Auditor | $9,500 | — | $9,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,500
- Estimated Expense Ratio: 0.409% 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 | $46,711 | $15,159 | — | $9,500 | — |
| 2023 | $48,528 | $18,705 | — | $9,500 | — |
| 2022 | $58,927 | $20,105 | $29,322 | — | $9,500 |