Plan Snapshot
- Plan Sponsor: Simkins-Hallin, INC.
- Sponsor EIN: 810228254
- Sponsor Address: 326 NORTH BROADWAY, BOZEMAN, MT, 59715
- Plan Type: 401(k)
- Total Participants: 85
- Total Assets: $10.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 85 | $10.9M | $291,593 | $560,201 |
| 2023 | 86 | $10.7M | $309,606 | $601,616 |
| 2022 | 98 | $9.3M | $299,780 | $593,437 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL | INVESTMENT ADVISOR | $21,907 | — | $21,907 |
| EMPOWER ANNUITY INSURANCE CO | RECORDKEEPER | $16,894 | — | $16,894 |
| UNITED PENSION ADMINISTRATION | CONTRACT ADMIN | $9,247 | — | $9,247 |
| RUDD & COMPANY PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RUDD & COMPANY PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,048
- Estimated Expense Ratio: 0.440% 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 | $53,428 | $25,767 | $9,247 | — | — |
| 2023 | $76,831 | $24,653 | $8,755 | — | — |
| 2022 | $1,175 | — | — | — | — |