Plan Snapshot
- Plan Sponsor: Jeff Schmitt Auto Group, INC.
- Sponsor EIN: 310515803
- Sponsor Address: PO BOX 152, FAIRBORN, OH, 45324
- Plan Type: 401(k)
- Total Participants: 308
- Total Assets: $8.5M
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 | 308 | $8.5M | $126,862 | $725,058 |
| 2023 | 313 | $7.2M | $132,707 | $762,132 |
| 2022 | 310 | $6.4M | $127,847 | $756,402 |
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 |
|---|---|---|---|---|
| EDWARD JONES | INVESTMENT ADVISOR | $26,389 | — | $26,389 |
| DYNAMIC PENSION SERVICES, INC. | TPA | $13,298 | — | $13,298 |
| BRADY WARE & SCHOENFELD, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BRADY WARE & SCHOENFELD, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,687
- Estimated Expense Ratio: 0.467% 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 | $40,211 | — | $40,211 | — | — |
| 2023 | $37,413 | — | $37,413 | — | — |
| 2022 | $33,408 | $33,408 | — | — | — |