Plan Snapshot
- Plan Sponsor: The Snc-Lavalin Corporation
- Sponsor EIN: 730972002
- Sponsor Address: CORPORATE CREATIONS, WILMINGTON, DE, 19801
- Plan Type: 401(k)
- Total Participants: 4,179
- Total Assets: $801.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 4,179 | $801.7M | $16.3M | $39.2M |
| 2022 | 3,898 | $696.0M | $15.1M | $35.3M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | Recordkeeper | $498,552 | — | $498,552 |
| VANGUARD ADVISERS INC. | Recordkeeper | $420,546 | — | $420,546 |
| AFS ADVISORS/NFP | Other Service Provider | $60,000 | — | $60,000 |
| NFP RETIREMENT | Investment Advisor | $60,000 | — | $60,000 |
| MILLER KAPLAN | Auditor | $32,800 | — | $32,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — Recordkeeper
- VANGUARD ADVISERS INC. — Recordkeeper
- NFP RETIREMENT — Investment Advisor
- MILLER KAPLAN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,071,898
- Estimated Expense Ratio: 0.134% 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 |
|---|---|---|---|---|---|
| 2023 | $521,199 | — | — | — | — |
| 2022 | $498,553 | — | — | — | — |