Plan Snapshot
- Plan Sponsor: Saf-Gard Safety Shoe Co., INC.
- Sponsor EIN: 581400677
- Sponsor Address: PO BOX 10379, GREENSBORO, NC, 274040379
- Plan Type: 401(k)
- Total Participants: 404
- Total Assets: $12.7M
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 | 404 | $12.7M | $336,868 | $989,524 |
| 2023 | 376 | $10.9M | $288,801 | $836,736 |
| 2022 | 305 | $9.3M | $257,217 | $740,047 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $62,842 | — | $62,842 |
| STONEBRIDGE FINANCIAL GROUP, LLC | Investment Advisor | — | $17,528 | $17,528 |
| PA RETIREMENT SOLUTIONS INC | Recordkeeper | — | $8,537 | $8,537 |
| TRIAD HYBRID SOLUTIONS, LLC | Investment Advisor | — | $5,002 | $5,002 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STONEBRIDGE FINANCIAL GROUP, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,909
- Estimated Expense Ratio: 0.742% 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 | $62,842 | — | $62,842 | — | — |
| 2023 | $50,613 | — | $50,613 | — | — |
| 2022 | $49,794 | — | $49,794 | — | — |