Plan Snapshot
- Plan Sponsor: Schluter Systems L.P.
- Sponsor EIN: 141772376
- Sponsor Address: 194 PLEASANT RIDGE ROAD, PLATTSBURGH, NY, 129015841
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,381
- Total Assets: $87.2M
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. |
|---|---|---|---|---|
| 2025 | 1,381 | $87.2M | $0 | $0 |
| 2024 | 1,139 | $70.0M | $4.3M | $6.2M |
| 2023 | 1,136 | $58.2M | $4.0M | $5.6M |
| 2022 | 1,099 | $45.4M | $3.4M | $4.7M |
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 |
|---|---|---|---|---|
| BENEFIT PLAN ADMIN SERVICES | Other Service Provider | $180,755 | — | $180,755 |
| LPL FINANCIAL | Other Service Provider | $72,856 | — | $72,856 |
| WELLS FARGO | Other Service Provider | $69,921 | — | $69,921 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $323,532
- Estimated Expense Ratio: 0.371% 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 |
|---|---|---|---|---|---|
| 2025 | $7,036,900 | $282,881 | $27,764 | — | — |
| 2024 | $302,339 | $265,071 | $24,021 | — | — |
| 2023 | $241,303 | $206,951 | $22,932 | — | — |
| 2022 | $202,222 | $175,623 | $19,029 | — | — |