Plan Snapshot
- Plan Sponsor: Schilling Brothers Lumber & Hardware, INC.
- Sponsor EIN: 351414433
- Sponsor Address: 8252 VIRGINIA STREET, MERRILLVILLE, IN, 46410
- Plan Type: DC
- Total Participants: 176
- Total Assets: $11.0M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 176 | $11.0M | $497,523 | $772,904 |
| 2023 | 175 | $9.8M | $456,720 | $714,278 |
| 2022 | 165 | $7.8M | $430,987 | $628,340 |
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 FINANCIAL INVESTMENT ADVISORS | ADVISOR | $62,491 | — | $62,491 |
| NEWPORT GROUP, INC. | RECORDKEEPER | $31,495 | — | $31,495 |
| HUMPHREY CPA GROUP, LLC | AUDITOR | $6,000 | — | $6,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HUMPHREY CPA GROUP, LLC — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,986
- Estimated Expense Ratio: 0.910% 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 | $100,986 | $62,491 | $29,805 | $6,000 | — |
| 2023 | $83,397 | $50,032 | $31,600 | — | — |
| 2022 | $72,691 | $45,988 | $25,703 | — | $1,000 |