Plan Snapshot
- Plan Sponsor: Schumacher Company, INC.
- Sponsor EIN: 264476965
- Sponsor Address: 392 PLEASANT STREET, WEST BRIDGEWATER, MA, 02379
- Plan Type: 401(k)
- Total Participants: 157
- Total Assets: $10.3M
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. |
|---|---|---|---|---|
| 2024 | 157 | $10.3M | $354,793 | $641,325 |
| 2023 | 144 | $8.8M | $347,397 | $609,557 |
| 2022 | 133 | $6.8M | $330,492 | $585,452 |
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 |
|---|---|---|---|---|
| SENTINEL PENSION ADVISORS | Recordkeeper | $21,267 | — | $21,267 |
| SENTINEL BENEFITS GROUP, INC | Recordkeeper | $9,156 | — | $9,156 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SENTINEL PENSION ADVISORS — Recordkeeper
- SENTINEL BENEFITS GROUP, INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,423
- Estimated Expense Ratio: 0.294% 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 |
|---|---|---|---|---|---|
| 2024 | $30,423 | $21,267 | — | — | — |
| 2023 | $22,710 | $18,325 | — | — | — |
| 2022 | $24,137 | $17,468 | — | — | $6,669 |