Plan Snapshot
- Plan Sponsor: Schmitz Ready Mix, INC.
- Sponsor EIN: 391615888
- Sponsor Address: PO BOX 250847, MILWAUKEE, WI, 53224
- Plan Type: 401(k)
- Total Participants: 153
- Total Assets: $12.0M
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 | 153 | $12.0M | $303,451 | $795,654 |
| 2023 | 147 | $10.1M | $269,019 | $721,653 |
| 2022 | 122 | $7.8M | $232,320 | $597,054 |
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 |
|---|---|---|---|---|
| QUANDT BERNDT & COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- QUANDT BERNDT & COMPANY, LLC — Auditor
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 | $55,369 | $48,711 | — | — | — |
| 2023 | $47,009 | $40,859 | — | — | — |
| 2022 | $47,251 | $42,851 | — | — | — |