Plan Snapshot
- Plan Sponsor: Shaft Drillers International, LLC
- Sponsor EIN: 205786434
- Sponsor Address: 130 MEADOW RIDGE ROAD, MT. MORRIS, PA, 15349
- Plan Type: 401(k)
- Total Participants: 351
- Total Assets: $15.3M
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 | 351 | $15.3M | $438,890 | $975,586 |
| 2023 | 311 | $14.1M | $396,210 | $886,135 |
| 2022 | 259 | $11.9M | $334,342 | $763,487 |
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 |
|---|---|---|---|---|
| STADION MONEY MANAGEMENT | SERVICE PROVIDER | $39,091 | — | $39,091 |
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $15,872 | — | $15,872 |
| DUNBAR, BENDER & ZAPF, INC. | TPA | $13,655 | — | $13,655 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- DUNBAR, BENDER & ZAPF, INC. — TPA
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,618
- Estimated Expense Ratio: 0.449% 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 | $68,618 | $39,091 | $13,655 | — | — |
| 2023 | $61,687 | $32,126 | $4,055 | — | — |
| 2022 | $69,823 | $30,552 | — | — | $39,271 |