# Smithville Telephone Company, Incorporated DB Plan
Source: https://planprovider.pro/companies/smithville-telephone-company-incorporated-plan

> Smithville Telephone Company, Incorporated&#39;s DB plan: 77 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Smithville Telephone Company, Incorporated

- **Sponsor EIN:** 350666710

- **Sponsor Address:** 1600 WEST TEMPERANCE, ELLETTSVILLE, IN, 47429

- **Plan Type:** DB

- **Total Participants:** 77

- **Total Assets:** $26.3M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|77|$26.3M|$432,000|$204,237|

| 2023|82|$27.1M|$1.4M|$207,414|

| 2022|85|$26.0M|$1.3M|$213,561|

## 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|

| FORVIS MAZARS|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FORVIS MAZARS](https://planprovider.pro/provider/forvis-mazars-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$85,796|$23,949|$61,847|—|—|

| 2023|$78,703|$20,242|$58,461|—|—|

| 2022|$79,787|—|$59,745|—|$20,042|

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