Plan Snapshot
- Plan Sponsor: Schumacher Homes, INC.
- Sponsor EIN: 341701025
- Sponsor Address: 2715 WISE AVENUE, NW, CANTON, OH, 44708
- Plan Type: 401(k)
- Total Participants: 400
- Total Assets: $34.9M
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. |
|---|---|---|---|---|
| 2024 | 400 | $34.9M | $832,934 | $2.6M |
| 2023 | 387 | $31.0M | $817,644 | $2.6M |
| 2022 | 399 | $24.8M | $785,512 | $2.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $53,407 | — | $53,407 |
| RAYMOND JAMES FINANCIAL SERVICES | ADVISOR | $33,333 | — | $33,333 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $9,438 | — | $9,438 |
| WORLD INVESTMENT ADVISORS LLC | ADVISOR | $8,334 | — | $8,334 |
| WORLD INVESTMENTS INC | ADVISOR | $8,333 | — | $8,333 |
| 415 GROUP, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- RAYMOND JAMES FINANCIAL SERVICES — ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- 415 GROUP, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $112,845
- Estimated Expense Ratio: 0.323% 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 | $112,845 | $59,438 | — | — | — |
| 2023 | $111,711 | $59,409 | — | — | — |
| 2022 | $112,530 | $10,615 | — | — | — |