Plan Snapshot
- Plan Sponsor: Shaffer Distributing Co.
- Sponsor EIN: 314304446
- Sponsor Address: 1100 W 3RD AVE, COLUMBUS, OH, 43212
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $9.6M
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 | 109 | $9.6M | $339,471 | $643,130 |
| 2023 | 137 | $8.5M | $729,928 | $579,291 |
| 2022 | 119 | $6.1M | $381,371 | $404,683 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | Investment Advisor | $29,673 | — | $29,673 |
| ADP, INC. | Recordkeeper | $23,330 | — | $23,330 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — Investment Advisor
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,003
- Estimated Expense Ratio: 0.551% 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 | $53,003 | $29,673 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |