Plan Snapshot
- Plan Sponsor: Samuel Shapiro & Co., INC.
- Sponsor EIN: 520481650
- Sponsor Address: 1215 E. FORT AVENUE SUITE 201, BALTIMORE, MD, 21230
- Plan Type: 401(k)
- Total Participants: 136
- Total Assets: $17.5M
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 | 136 | $17.5M | $284,996 | $711,471 |
| 2023 | 133 | $17.2M | $291,547 | $742,794 |
| 2022 | 149 | $14.4M | $272,631 | $687,441 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $37,049 | — | $37,049 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $23,640 | — | $23,640 |
| WEYRICH, CRONIN & SORRA LLC | AUDITOR | $11,500 | — | $11,500 |
| WEYRICH, CRONIN & SORRA | Auditor | $11,500 | — | $11,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEYRICH, CRONIN & SORRA LLC — AUDITOR
- WEYRICH, CRONIN & SORRA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,689
- Estimated Expense Ratio: 0.478% 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 | $74,235 | $39,095 | — | $11,500 | — |
| 2023 | $66,784 | $34,593 | — | $11,100 | — |
| 2022 | $62,965 | — | $62,965 | — | — |