Plan Snapshot
- Plan Sponsor: Butler/Till, INC.
- Sponsor EIN: 161542581
- Sponsor Address: 260 EAST BROAD STREET, ROCHESTER, NY, 14604
- Plan Type: 401(k)
- Total Participants: 252
- Total Assets: $23.1M
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. |
|---|---|---|---|---|
| 2024 | 252 | $23.1M | $838,098 | $1.5M |
| 2023 | 290 | $14.1M | $892,154 | $1.5M |
| 2022 | 268 | $10.1M | $724,551 | $1.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $56,333 | — | $56,333 |
| STIFEL NICOLAUS & COMPANY INC | INVESTMENT ADVISORY | $23,214 | $20 | $23,234 |
| FREED MAXICK P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STIFEL NICOLAUS & COMPANY INC — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,567
- Estimated Expense Ratio: 0.344% 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 | $79,547 | $23,214 | $56,333 | — | — |
| 2023 | $76,513 | $13,167 | $63,346 | — | — |
| 2022 | $58,554 | $25,927 | $32,627 | — | — |