Plan Snapshot
- Plan Sponsor: Scrub Daddy, INC.
- Sponsor EIN: 455326983
- Sponsor Address: 1700 SUCKLE HIGHWAY, PENNSAUKEN, NJ, 08110
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 151
- Total Assets: $9.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 151 | $9.9M | $0 | $0 |
| 2024 | 113 | $7.4M | $859,483 | $665,845 |
| 2023 | 75 | $5.0M | $571,882 | $514,653 |
| 2022 | 54 | $3.4M | $390,635 | $364,619 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $70,454 | — | $70,454 |
| WELLS FARGO CLEARING SVCS (WF ADVS) | Investment Advisor | — | $23,604 | $23,604 |
| WELLS FARGO ADVISORS FIN NETWORK | Investment Advisor | — | $11,609 | $11,609 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,667
- Estimated Expense Ratio: 1.069% 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 |
|---|---|---|---|---|---|
| 2025 | $490,464 | — | $70,454 | — | — |
| 2024 | $88,903 | — | — | — | — |
| 2023 | $281,467 | — | — | — | — |
| 2022 | $106,530 | — | — | — | — |