# Scott Equipment Company DC Plan
Source: https://planprovider.pro/companies/scott-equipment-company-plan-001

> Scott Equipment Company&#39;s DC plan: 154 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Scott Equipment Company

- **Sponsor EIN:** 410904660

- **Sponsor Address:** 605 4TH AVENUE NW, NEW PRAGUE, MN, 56071

- **Plan Type:** DC

- **Total Participants:** 154

- **Total Assets:** $24.2M

## 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|154|$24.2M|$772,466|$889,784|

| 2023|164|$21.6M|$716,219|$816,647|

| 2022|104|$18.1M|$336,204|$704,518|

## 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|

| WILSHIRE ASSOCIATES INC|RIA, IA|$56,468|—|$56,468|

| JOHN HANCOCK USA|RECORDKEEPER|$32,106|—|$32,106|

| BOMBERG, HANSON & ASSOCIATES, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [WILSHIRE ASSOCIATES INC](https://planprovider.pro/provider/john-hancock) — RIA, IA

- [JOHN HANCOCK USA](https://planprovider.pro/provider/john-hancock) — RECORDKEEPER

- [BOMBERG, HANSON & ASSOCIATES, LLC](https://planprovider.pro/provider/bomberg-hanson-and-associates) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $88,574

- **Estimated Expense Ratio:** 0.367% 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|$88,574|$57,070|$31,504|—|—|

| 2023|$73,267|$38,497|$34,770|—|—|

| 2022|$86,681|—|$86,681|—|—|

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