Plan Snapshot
- Plan Sponsor: Nickolas Savko & Sons, INC.
- Sponsor EIN: 310907362
- Sponsor Address: 4636 SHUSTER RD, COLUMBUS, OH, 43214
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $8.9M
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 | 150 | $8.9M | $500,000 | $363,685 |
| 2023 | 140 | $7.6M | $900,377 | $345,621 |
| 2022 | 122 | $6.6M | $0 | $84,900 |
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 | Auditor | $19,500 | — | $19,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,500
- Estimated Expense Ratio: 0.220% 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 | $60,331 | $18,310 | — | $19,500 | — |
| 2023 | $43,441 | $16,046 | — | $7,400 | — |
| 2022 | $810 | — | — | — | — |