Plan Snapshot
- Plan Sponsor: Schulte Building Systems, INC.
- Sponsor EIN: 208246750
- Sponsor Address: P.O. BOX 609, HOCKLEY, TX, 77447
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 797
- Total Assets: $45.9M
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 | 797 | $45.9M | $0 | $0 |
| 2024 | 794 | $36.9M | $853,422 | $3.0M |
| 2023 | 677 | $30.8M | $728,402 | $2.8M |
| 2022 | 652 | $25.1M | $454,222 | $2.5M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | Recordkeeper | $71,536 | — | $71,536 |
| ONEDIGITAL INVESTMENT ADVISORS LLC | Other Service Provider | $60,684 | — | $60,684 |
| LPL FINANCIAL LLC - RPCP | Investment Advisor | $29,077 | — | $29,077 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $161,297
- Estimated Expense Ratio: 0.351% 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 | $1,803,203 | $90,319 | $70,979 | — | — |
| 2024 | $111,154 | $38,039 | $73,115 | — | — |
| 2023 | $128,003 | $43,107 | $67,438 | — | — |
| 2022 | $114,747 | — | $114,747 | — | — |