Plan Snapshot
- Plan Sponsor: Select Arc, INC.
- Sponsor EIN: 341820485
- Sponsor Address: 600 ENTERPRISE DRIVE, FORT LORAMIE, OH, 45845
- Plan Type: 401(k)
- Total Participants: 167
- Total Assets: $15.1M
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 | 167 | $15.1M | $196,142 | $834,577 |
| 2023 | 156 | $13.6M | $189,592 | $785,753 |
| 2022 | 159 | $12.5M | $189,509 | $764,365 |
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 |
|---|---|---|---|---|
| WELLS FARGO ADVISORS LLC | Investment Advisor | $51,143 | — | $51,143 |
| EMPOWER ANNUITY INSUR CO OF AMER | Recordkeeper | $15,668 | — | $15,668 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $13,694 | — | $13,694 |
| CREATIVE RETIREMENT SYSTEMS, INC. | Recordkeeper | $9,104 | — | $9,104 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,609
- Estimated Expense Ratio: 0.593% 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 | $89,609 | — | — | — | — |
| 2023 | $83,343 | — | — | — | — |
| 2022 | $84,076 | — | — | — | — |