Plan Snapshot
- Plan Sponsor: Smg Services, LLC
- Sponsor EIN: 454440186
- Sponsor Address: 44 WEST 28TH STREET - 7TH FLOOR, NEW YORK, NY, 10001
- Plan Type: 401(k)
- Total Participants: 247
- Total Assets: $8.7M
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 | 247 | $8.7M | $144,612 | $762,257 |
| 2023 | 238 | $7.6M | $140,158 | $770,960 |
| 2022 | 221 | $6.9M | $136,992 | $775,959 |
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 |
|---|---|---|---|---|
| THE FUOCO GROUP | Auditor | $17,000 | — | $17,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,000
- Estimated Expense Ratio: 0.196% 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 | $29,583 | — | $9,330 | $17,000 | — |
| 2023 | $16,901 | — | $16,901 | — | — |
| 2022 | $10,934 | — | $10,934 | — | — |