Plan Snapshot
- Plan Sponsor: Scherdel Sales & Technology, INC.
- Sponsor EIN: 383333121
- Sponsor Address: 3440 E. LAKETON AVENUE, MUSKEGON, MI, 49442
- Plan Type: 401(k)
- Total Participants: 145
- Total Assets: $7.4M
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 | 145 | $7.4M | $289,197 | $523,090 |
| 2023 | 142 | $5.8M | $256,389 | $439,255 |
| 2022 | 140 | $3.8M | $216,457 | $355,436 |
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 |
|---|---|---|---|---|
| BRICKLEY DELONG | Auditor | — | — | $0 |
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 | $14,856 | $13,028 | $1,828 | — | — |
| 2023 | $12,084 | $10,866 | $1,218 | — | — |
| 2022 | $11,019 | $7,074 | $3,945 | — | — |