Plan Snapshot
- Plan Sponsor: Smith Brothers Holdings, INC.
- Sponsor EIN: 200510983
- Sponsor Address: 26401 79TH AVE S, KENT, WA, 98032
- Plan Type: 401(k)
- Total Participants: 238
- Total Assets: $12.7M
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 | 238 | $12.7M | $446,359 | $987,268 |
| 2023 | 194 | $11.0M | $450,915 | $927,668 |
| 2022 | 189 | $9.0M | $390,238 | $802,736 |
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 | $42,431 | — | $42,431 |
| HUMAN INVESTING | Investment Advisor | $22,456 | — | $22,456 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- HUMAN INVESTING — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,887
- Estimated Expense Ratio: 0.510% 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 | $64,887 | $22,456 | — | — | — |
| 2023 | $55,346 | $19,103 | — | — | — |
| 2022 | $51,388 | — | — | — | — |