Plan Snapshot
- Plan Sponsor: Shintech Incorporated
- Sponsor EIN: 741750521
- Sponsor Address: 3 GREENWAY PLAZA SUITE 1150, HOUSTON, TX, 77046
- Plan Type: DB
- Total Participants: 373
- Total Assets: $97.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 373 | $97.0M | $0 | $0 |
| 2023 | 393 | $100.9M | $0 | $0 |
| 2022 | 440 | $97.1M | $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 |
|---|---|---|---|---|
| PRINCIPAL BANK | TRUSTEE | $254,383 | — | $254,383 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $35,583 | — | $35,583 |
| HARPER & PEARSON COMPANY, P.C. | ACCOUNTANT | $18,500 | — | $18,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HARPER & PEARSON COMPANY, P.C. — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $308,466
- Estimated Expense Ratio: 0.318% 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 | $308,466 | — | $35,583 | $18,500 | — |
| 2023 | $232,958 | — | — | — | — |
| 2022 | $237,408 | — | $219,408 | — | $18,000 |