Plan Snapshot
- Plan Sponsor: Shc Services, INC.
- Sponsor EIN: 161216796
- Sponsor Address: 6955 UNION PARK CENTER DR., COTTONWOOD HEIGHTS, UT, 84047
- Plan Type: 401(k)
- Total Participants: 10,302
- Total Assets: $97.8M
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 | 10,302 | $97.8M | $832 | $5.5M |
| 2023 | 9,656 | $90.4M | $1.9M | $8.0M |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | NONE | $209,475 | — | $209,475 |
| MESIROW FINANCIAL INC. | NONE | $90,575 | — | $90,575 |
| TRAVELLER & COMPANY | AUDITOR | $7,630 | — | $7,630 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
- MESIROW FINANCIAL INC. — NONE
- TRAVELLER & COMPANY — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $307,680
- Estimated Expense Ratio: 0.315% 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 | $165,386 | $90,575 | $67,181 | $7,630 | — |
| 2023 | $135,855 | $78,237 | $57,618 | — | — |