# Nickolas Savko & Sons, INC. 401(k) Plan
Source: https://planprovider.pro/companies/nickolas-savko-sons-inc-401k-plan

> Nickolas Savko & Sons, INC.'s 401(k) plan: 150 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|—|—|

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