Plan Snapshot
- Plan Sponsor: Skico, INC.
- Sponsor EIN: 341367885
- Sponsor Address: 508 SOUTH DETROIT, LAGRANGE, IN, 467612312
- Plan Type: 401(k)
- Total Participants: 467
- Total Assets: $3.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 467 | $3.2M | $132,045 | $186,650 |
| 2023 | 468 | $2.8M | $98,847 | $220,304 |
| 2022 | 377 | $2.6M | $51,287 | $221,751 |
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 |
|---|---|---|---|---|
| NATIONWIDE | NONE | $14,065 | — | $14,065 |
| LPL FINANCIAL LLC-RPCP | NONE | $11,472 | — | $11,472 |
| FOUDY CPA GROUP, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — NONE
- LPL FINANCIAL LLC-RPCP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,537
- Estimated Expense Ratio: 0.787% 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 | $12,329 | $11,472 | $57 | — | — |
| 2023 | $25,969 | $13,458 | $11,161 | — | — |
| 2022 | $25,372 | $13,426 | $11,946 | — | — |