Plan Snapshot
- Plan Sponsor: Smoot Corporation
- Sponsor EIN: 311192939
- Sponsor Address: 1907 LEONARD AVENUE, COLUMBUS, OH, 43219
- Plan Type: 401(k)
- Total Participants: 77
- Total Assets: $24.5M
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 | 77 | $24.5M | $424,386 | $878,257 |
| 2023 | 77 | $21.7M | $429,225 | $869,325 |
| 2022 | 74 | $19.5M | $203,971 | $885,005 |
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 |
|---|---|---|---|---|
| PLANTE MORAN | Auditor | $12,000 | — | $12,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,000
- Estimated Expense Ratio: 0.049% 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 | $16,162 | $3,637 | — | $12,000 | — |
| 2023 | $3,234 | $3,009 | — | — | — |
| 2022 | $16,373 | $2,598 | — | — | — |