Plan Snapshot
- Plan Sponsor: Shur-Co, LLC
- Sponsor EIN: 274029187
- Sponsor Address: P.O. BOX 713, YANKTON, SD, 57078
- Plan Type: 401(k)
- Total Participants: 400
- Total Assets: $21.7M
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 | 400 | $21.7M | $490,228 | $1.5M |
| 2023 | 373 | $19.9M | $401,385 | $1.3M |
| 2022 | 340 | $16.7M | $362,248 | $1.2M |
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 |
|---|---|---|---|---|
| VISIONPOINT ADVISORY GROUP | Investment Advisor | $36,041 | — | $36,041 |
| FIDELITY WORKPLACE SERVICES, LLC | Recordkeeper | $17,757 | — | $17,757 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,798
- Estimated Expense Ratio: 0.248% 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 | $53,798 | $36,041 | $10,739 | — | — |
| 2023 | $48,771 | $31,636 | $10,521 | — | — |
| 2022 | $50,660 | $846 | — | — | — |