Plan Snapshot
- Plan Sponsor: Smith Seed Services, LLC
- Sponsor EIN: 930666692
- Sponsor Address: P.O. BOX 288, HALSEY, OR, 97348
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 139
- Total Assets: $15.8M
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 | 139 | $15.8M | $305,587 | $552,764 |
| 2023 | 143 | $15.1M | $328,090 | $573,950 |
| 2022 | 162 | $13.2M | $338,064 | $575,759 |
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 |
|---|---|---|---|---|
| SENTINEL BENEFITS GROUP, LLC | Recordkeeper | $26,926 | — | $26,926 |
| SENTINEL PENSION ADVISORS | Recordkeeper | $22,711 | — | $22,711 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SENTINEL BENEFITS GROUP, LLC — Recordkeeper
- SENTINEL PENSION ADVISORS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,637
- Estimated Expense Ratio: 0.314% 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 | $49,637 | $22,711 | — | — | — |
| 2023 | $59,330 | $28,226 | — | — | — |
| 2022 | $52,497 | $24,979 | — | — | $27,518 |