Plan Snapshot
- Plan Sponsor: Skjodt-Barrett Contract Packaging, LLC
- Sponsor EIN: 990363116
- Sponsor Address: 401 S ENTERPRISE BLVD, LEBANON, IN, 460528888
- Plan Type: 401(k)
- Total Participants: 213
- Total Assets: $2.9M
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 | 213 | $2.9M | $180,017 | $306,178 |
| 2023 | 307 | $3.3M | $229,510 | $425,208 |
| 2022 | 300 | $2.2M | $189,374 | $354,226 |
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 |
|---|---|---|---|---|
| MML INSURANCE AGENCY LLC | BROKER/ADVISER | — | $16,793 | $16,793 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $6,474 | — | $6,474 |
| BGBC PARTNERS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BGBC PARTNERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,267
- Estimated Expense Ratio: 0.791% 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 | $6,887 | $397 | — | — | — |
| 2023 | $5,450 | $67 | — | — | — |
| 2022 | $3,338 | — | $3,338 | — | — |