Plan Snapshot
- Plan Sponsor: Scotch Plywood Company, INC.
- Sponsor EIN: 630501795
- Sponsor Address: PO BOX 38, FULTON, AL, 36446
- Plan Type: 401(k)
- Total Participants: 473
- Total Assets: $43.1M
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 | 473 | $43.1M | $1.4M | $1.9M |
| 2023 | 477 | $41.2M | $1.5M | $1.8M |
| 2022 | 458 | $38.5M | $2.5M | $1.7M |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | RECORDKEEPER | $94,794 | — | $94,794 |
| MITCHELL, MCLEOD, PUGH & WILLIAMS | ADVISOR | $60,743 | — | $60,743 |
| NEWPORT TRUST COMPANY | TRUSTEE | $15,666 | — | $15,666 |
| SMITH, DUKES & BUCKALEW, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH, DUKES & BUCKALEW, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $171,203
- Estimated Expense Ratio: 0.397% 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 | $171,203 | $60,743 | $37,830 | — | — |
| 2023 | $165,742 | $59,750 | $37,598 | — | — |
| 2022 | $164,273 | $58,750 | $90,886 | — | $14,637 |