Plan Snapshot
- Plan Sponsor: Smithereen Company
- Sponsor EIN: 361792300
- Sponsor Address: 7400 N. MELVINA AVENUE, NILES, IL, 60714
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $6.6M
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 | 150 | $6.6M | $271,972 | $401,100 |
| 2023 | 123 | $5.1M | $234,247 | $345,962 |
| 2022 | 117 | $4.1M | $259,442 | $314,702 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT | Auditor | $14,963 | — | $14,963 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,963
- Estimated Expense Ratio: 0.226% 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 | $21,970 | — | $7,007 | $14,963 | — |
| 2023 | $18,699 | $11,900 | $6,799 | — | — |
| 2022 | $5,655 | — | $3,676 | — | $1,979 |