Plan Snapshot
- Plan Sponsor: Sherwood Design Engineers, Ltd
- Sponsor EIN: 201602119
- Sponsor Address: 2548 MISSION STREET, SAN FRANCISCO, CA, 94110
- Plan Type: 401(k)
- Total Participants: 99
- Total Assets: $8.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 99 | $8.6M | $0 | $970,004 |
| 2023 | 98 | $6.4M | $0 | $684,701 |
| 2022 | 93 | $5.0M | $0 | $665,219 |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
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 | $4,682 | $3,620 | — | — | — |
| 2023 | $3,178 | $2,015 | $1,163 | — | — |
| 2022 | $3,443 | $2,364 | $1,079 | — | — |