Plan Snapshot
- Plan Sponsor: Simmons Rockwell
- Sponsor EIN: 231664884
- Sponsor Address: 1160 COUNTRY RT. 66, HORNELL, NY, 14843
- Plan Type: 401(k)
- Total Participants: 218
- Total Assets: $16.0M
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 | 218 | $16.0M | $0 | $1.2M |
| 2023 | 225 | $16.0M | $0 | $1.3M |
| 2022 | 216 | $13.0M | $0 | $1.3M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $41,324 | — | $41,324 |
| GOOD LIFE ADVISORS, LLC | INVESTMENT/FINANCIAL ADVI | $39,581 | — | $39,581 |
| DANNIBLE & MCKEE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- DANNIBLE & MCKEE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,905
- Estimated Expense Ratio: 0.505% 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 | $80,905 | $39,581 | — | — | — |
| 2023 | $70,250 | $34,804 | — | — | — |
| 2022 | $77,127 | — | — | — | — |