Plan Snapshot
- Plan Sponsor: Brakefire, INC. Dba Silco Fire And Security
- Sponsor EIN: 310620191
- Sponsor Address: 10200 READING ROAD, CINCINNATI, OH, 45241
- Plan Type: 401(k)
- Total Participants: 413
- Total Assets: $20.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 413 | $20.4M | $663,988 | $1.8M |
| 2023 | 366 | $18.7M | $455,826 | $1.5M |
| 2022 | 275 | $15.0M | $329,105 | $1.3M |
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 |
|---|---|---|---|---|
| CLARK, SCHAEFER, HACKETT & CO. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $11,029 | $7,561 | $707 | — | — |
| 2023 | $10,858 | $8,381 | $500 | — | — |
| 2022 | $10,011 | $7,512 | — | — | — |