Plan Snapshot
- Plan Sponsor: Sheely'S Furniture & Appliance Co., INC.
- Sponsor EIN: 340900451
- Sponsor Address: 11450 SOUTH AVENUE, NORTH LIMA, OH, 44452
- Plan Type: 401(k)
- Total Participants: 121
- Total Assets: $8.7M
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 | 121 | $8.7M | $240,375 | $372,270 |
| 2023 | 134 | $7.6M | $241,311 | $370,392 |
| 2022 | 131 | $6.8M | $222,132 | $331,500 |
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 |
|---|---|---|---|---|
| LOUIS PLUNG & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LOUIS PLUNG & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $762 | — | — | — | — |
| 2023 | $950 | — | — | — | — |
| 2022 | $1,100 | — | $1,100 | — | — |