# Skico, INC. 401(k) Plan
Source: https://planprovider.pro/companies/skico-inc-401k-plan

> Skico, INC.'s 401(k) plan: 467 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/nationwide-mutual-insurance-company) — NONE

- [LPL FINANCIAL LLC-RPCP](https://planprovider.pro/provider/equitable) — 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|—|—|

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- [Indiana Grocery Group, LLC](https://planprovider.pro/companies/indiana-grocery-group-llc-401k-plan) — 1,700 participants

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