Plan Snapshot
- Plan Sponsor: Sims-Lohman, INC.
- Sponsor EIN: 310856545
- Sponsor Address: 6325 ESTE AVENUE, CINCINNATI, OH, 45232
- Plan Type: 401(k)
- Total Participants: 694
- Total Assets: $25.8M
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 | 694 | $25.8M | $996,700 | $3.0M |
| 2023 | 504 | $19.4M | $799,587 | $2.4M |
| 2022 | 560 | $14.3M | $685,139 | $2.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $100,801 | — | $100,801 |
| HORAN SECURITIES INC | ADVISOR | $46,906 | — | $46,906 |
| CLARK, SCHAEFER, HACKETT & CO. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $147,707
- Estimated Expense Ratio: 0.573% 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 | $147,707 | $46,906 | — | — | — |
| 2023 | $114,386 | $38,072 | — | — | — |
| 2022 | $38,832 | — | — | — | — |