Plan Snapshot
- Plan Sponsor: Schvey INC.
- Sponsor EIN: 464228432
- Sponsor Address: 114 5TH AVE, NEW YORK, NY, 10011
- Plan Type: 401(k)
- Total Participants: 40
- Total Assets: $4.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 40 | $4.8M | $0 | $923,117 |
| 2023 | 118 | $6.0M | $0 | $1.4M |
| 2022 | 142 | $4.3M | $0 | $1.1M |
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 |
|---|---|---|---|---|
| GUIDELINE, INC. | Recordkeeper | $6,987 | — | $6,987 |
| BENEFIT TRUST COMPANY | Custodian / Trustee | — | $6,130 | $6,130 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GUIDELINE, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,117
- Estimated Expense Ratio: 0.275% 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 | $7,603 | $4,567 | — | — | — |
| 2023 | $6,355 | $4,119 | — | — | — |
| 2022 | $3,720 | $3,656 | $13 | — | — |