Plan Snapshot
- Plan Sponsor: Schmiede Corporation
- Sponsor EIN: 620699181
- Sponsor Address: P.O. BOX 1630-1865 RILEY CREEK RD, TULLAHOMA, TN, 37388
- Plan Type: 401(k)
- Total Participants: 159
- Total Assets: $16.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 159 | $16.6M | $267,591 | $746,336 |
| 2023 | 152 | $15.4M | $283,392 | $749,929 |
| 2022 | 155 | $15.1M | $272,651 | $759,670 |
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 |
|---|---|---|---|---|
| FMC CPAS, PLLC | 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 | $588 | — | — | — | — |
| 2023 | $889 | — | — | — | — |
| 2022 | $915 | — | — | — | $915 |