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 |
|---|---|---|---|---|
| SMITH LEONARD PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH LEONARD PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | — | — |