Plan Snapshot
- Plan Sponsor: C.G. Schmidt, INC.
- Sponsor EIN: 390755565
- Sponsor Address: 11777 WEST LAKE PARK DRIVE, MILWAUKEE, WI, 532243021
- Plan Type: 401(k)
- Total Participants: 156
- Total Assets: $39.7M
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 | 156 | $39.7M | $1.2M | $1.6M |
| 2023 | 141 | $33.1M | $621,605 | $1.3M |
| 2022 | 116 | $27.9M | $146,337 | $1.2M |
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 |
|---|---|---|---|---|
| WIPFLI, LLP | Auditor | $13,965 | — | $13,965 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,965
- Estimated Expense Ratio: 0.035% 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 | $83,181 | $28,223 | — | $13,965 | — |
| 2023 | $88,509 | $30,000 | — | $24,500 | — |
| 2022 | $72,973 | $23,750 | — | — | $49,223 |