Plan Snapshot
- Plan Sponsor: Scott Bridge Company, INC.
- Sponsor EIN: 630500583
- Sponsor Address: 2641 INTERSTATE DR, OPELIKA, AL, 36804
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 318
- Total Assets: $30.6M
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 | 318 | $30.6M | $810,292 | $1.4M |
| 2023 | 296 | $29.4M | $784,411 | $1.4M |
| 2022 | 328 | $26.7M | $700,272 | $1.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $88,364 | — | $88,364 |
| COMMONWEALTH EQUITY SERVICES LLC DB | Investment Advisor | $45,000 | — | $45,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $133,364
- Estimated Expense Ratio: 0.435% 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 | $133,364 | $45,000 | — | — | — |
| 2023 | $105,145 | $45,000 | — | — | — |
| 2022 | $126,653 | $65,251 | $61,402 | — | — |