Plan Snapshot
- Plan Sponsor: J. Frank Schmidt & Son Co.
- Sponsor EIN: 930479869
- Sponsor Address: 9500 SOUTHEAST 327TH AVENUE, BORING, OR, 97009
- Plan Type: 401(k)
- Total Participants: 315
- Total Assets: $13.7M
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 | 315 | $13.7M | $549,394 | $811,636 |
| 2023 | 417 | $13.1M | $504,622 | $717,967 |
| 2022 | 325 | $10.8M | $479,244 | $697,241 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $34,780 | — | $34,780 |
| FISHER ASSET MANAGEMENT LLC | OTHER | $14,209 | — | $14,209 |
| FISHER ASSET MANAGEMENT, LLC | NONE | $7,334 | — | $7,334 |
| ALDRICH CPAS + ADVISORS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALDRICH CPAS + ADVISORS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,323
- Estimated Expense Ratio: 0.411% 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 | $56,134 | $7,334 | $3,299 | — | — |
| 2023 | $35,470 | — | — | — | — |
| 2022 | $54,168 | — | — | — | $54,168 |