Plan Snapshot
- Plan Sponsor: The Savings Group, INC.
- Sponsor EIN: 871613364
- Sponsor Address: 9300 UNITED DR, AUSTIN, TX, 78758
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 883
- Total Assets: $14.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 883 | $14.9M | $0 | $0 |
| 2024 | 502 | $12.3M | $938,338 | $1.3M |
| 2023 | 646 | $11.4M | $1.3M | $1.9M |
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 |
|---|---|---|---|---|
| ASCENSUS | Custodian / Trustee | $65,529 | $495 | $66,024 |
| WATERLOO CAPITAL | Investment Advisor | $44,546 | — | $44,546 |
| INWEST RETIREMENT SOLUTIONS | Recordkeeper | $15,700 | — | $15,700 |
| GOLDMAN SACHS | Investment Advisor | $12,176 | — | $12,176 |
| LEAFHOUSE FINANCIAL ADVISORS | Investment Advisor | $6,564 | — | $6,564 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $145,010
- Estimated Expense Ratio: 0.974% 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 |
|---|---|---|---|---|---|
| 2025 | $3,039,365 | $63,286 | $15,700 | — | — |
| 2024 | $101,665 | $25,186 | $11,200 | — | — |
| 2023 | $105,102 | — | $105,102 | — | — |