Plan Snapshot
- Plan Sponsor: Schnellecke Logistics Usa, LLC
- Sponsor EIN: 271660360
- Sponsor Address: PO BOX 16968, CHATTANOOGA, TN, 37416
- Plan Type: 401(k)
- Total Participants: 1,932
- Total Assets: $7.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,932 | $7.5M | $787,527 | $1.1M |
| 2023 | 2,018 | $5.6M | $683,348 | $979,325 |
| 2022 | 2,066 | $4.1M | $588,772 | $823,673 |
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 |
|---|---|---|---|---|
| HENDERSON, HUTCHERSON & MCCULLOUGH, | 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 | $31,640 | $1,328 | $30,312 | — | — |
| 2023 | $30,051 | — | $30,051 | — | — |
| 2022 | $29,957 | — | $29,957 | — | — |