Plan Snapshot
- Plan Sponsor: Schnipke Engraving Company, INC.
- Sponsor EIN: 341005519
- Sponsor Address: P.O. BOX 278 14223 ROAD 24, OTTOVILLE, OH, 45876
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 163
- Total Assets: $31.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 163 | $31.4M | $332,876 | $757,803 |
| 2022 | 170 | $28.7M | $341,269 | $793,579 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $78,911 | — | $78,911 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $58,596 | — | $58,596 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $34,052 | — | $34,052 |
| LPL FINANCIAL LLC | Investment Advisor | — | $31,326 | $31,326 |
| LEAFHOUSE FINANCIAL ADVISORS, LLC | Investment Advisor | $7,292 | — | $7,292 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
- LPL FINANCIAL LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $210,177
- Estimated Expense Ratio: 0.669% 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 |
|---|---|---|---|---|---|
| 2023 | $178,772 | $96,915 | — | — | — |
| 2022 | $231,663 | — | $231,663 | — | — |