Plan Snapshot
- Plan Sponsor: Shelly & Sands, INC.
- Sponsor EIN: 314351261
- Sponsor Address: P.O. BOX 1585, ZANESVILLE, OH, 437021585
- Plan Type: 401(k)
- Total Participants: 342
- Total Assets: $86.9M
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 | 342 | $86.9M | $2.1M | $2.7M |
| 2023 | 336 | $82.3M | $2.0M | $2.5M |
| 2022 | 311 | $71.6M | $1.9M | $2.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $178,907 | — | $178,907 |
| INVICTA CAPITAL LLC | OTHER SERVICES | — | $29,445 | $29,445 |
| CAMBRIDGE INVESTMENT RESEARCH INC | OTHER SERVICES | — | $9,859 | $9,859 |
| BHM CPA GROUP, INC. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $218,211
- Estimated Expense Ratio: 0.251% 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 | $178,907 | — | $178,907 | — | — |
| 2023 | $164,731 | — | $164,731 | — | — |
| 2022 | $163,262 | — | $163,262 | — | — |