Plan Snapshot
- Plan Sponsor: Smith-Rowe, LLC
- Sponsor EIN: 273317950
- Sponsor Address: 639 OLD US HIGHWAY 52 SOUTH, MOUNT AIRY, NC, 27030
- Plan Type: 401(k)
- Total Participants: 340
- Total Assets: $9.4M
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 | 340 | $9.4M | $879,717 | $793,444 |
| 2023 | 256 | $7.0M | $440,238 | $580,164 |
| 2022 | 253 | $5.4M | $388,437 | $521,273 |
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 |
|---|---|---|---|---|
| OSAIC FA INC | ADVISOR | $22,934 | — | $22,934 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $21,498 | — | $21,498 |
| SMITH AND HOWARD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSAIC FA INC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,432
- Estimated Expense Ratio: 0.475% 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 | $45,477 | $23,979 | — | — | — |
| 2023 | $12,084 | $4,812 | — | — | — |
| 2022 | $8,229 | $1,200 | — | — | — |