Plan Snapshot
- Plan Sponsor: Schurz Communications, INC.
- Sponsor EIN: 350670960
- Sponsor Address: 1301 E. DOUGLAS ROAD, SUITE 200, MISHAWAKA, IN, 46545
- Plan Type: 401(k)
- Total Participants: 504
- Total Assets: $94.7M
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 | 504 | $94.7M | $1.4M | $4.0M |
| 2023 | 505 | $86.0M | $1.3M | $3.7M |
| 2022 | 502 | $78.5M | $1.2M | $3.4M |
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 | $86,262 | — | $86,262 |
| CAPITAL STRATEGIES INVESTMENT GROUP | INVESTMENT ADVISOR | $32,000 | — | $32,000 |
| CROWE LLP | ACCOUNTANT/AUDITOR | $18,295 | — | $18,295 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $136,557
- Estimated Expense Ratio: 0.144% 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 | $136,557 | $32,000 | — | $18,295 | — |
| 2023 | $118,892 | $24,000 | — | $4,487 | — |
| 2022 | $145,426 | $24,000 | — | — | $16,168 |