Plan Snapshot
- Plan Sponsor: Sheakley Workforce Management Services, LLC Dba Sheakley Pension
- Sponsor EIN: 823571106
- Sponsor Address: ONE SHEAKLEY WAY, CINCINNATI, OH, 45246
- Plan Type: 401(k)
- Total Participants: 964
- Total Assets: $47.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 964 | $47.8M | $904,886 | $1.6M |
| 2022 | 0 | $16.6M | $0 | $0 |
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 |
|---|---|---|---|---|
| SHEAKLEY WORKFORCE MANAGEMENT | CONTRACT ADMIN, PPP | $132,546 | — | $132,546 |
| OCTAVIA WEALTH ADVISORS | SERVICE PROVIDER | $25,434 | $77,776 | $103,210 |
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $235,756
- Estimated Expense Ratio: 0.493% 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 |
|---|---|---|---|---|---|
| 2023 | $78,990 | $12,717 | $66,273 | — | — |
| 2022 | — | — | — | — | — |