Plan Snapshot
- Plan Sponsor: Smittys Supply, INC.
- Sponsor EIN: 721000182
- Sponsor Address: 63399 HIGHWAY 51 NORTH, ROSELAND, LA, 70456
- Plan Type: 401(k)
- Total Participants: 359
- Total Assets: $14.4M
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 | 359 | $14.4M | $637,155 | $1.1M |
| 2023 | 340 | $12.8M | $588,422 | $982,737 |
| 2022 | 317 | $10.7M | $525,906 | $913,483 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS, | Recordkeeper | $85,853 | — | $85,853 |
| MML INVESTORS SERVICES, LLC | Investment Advisor | — | $45,198 | $45,198 |
| THE HASLAUER GROUP, INC. | Recordkeeper | $22,750 | $77 | $22,827 |
| LEAFHOUSE FINANCIAL ADVISORS | Investment Advisor | $7,906 | — | $7,906 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS, — Recordkeeper
- MML INVESTORS SERVICES, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $161,784
- Estimated Expense Ratio: 1.126% 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 | $116,509 | — | $116,509 | — | — |
| 2023 | $87,842 | — | — | — | — |
| 2022 | $80,468 | — | $80,468 | — | — |