Plan Snapshot
- Plan Sponsor: Snyder Party Rental
- Sponsor EIN: 571012700
- Sponsor Address: 3875 MEETING ST RD, NORTH CHARLESTON, SC, 29405
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 49
- Total Assets: $172,683
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 | 49 | $172,683 | $264,480 | $160,259 |
| 2023 | 61 | $189,428 | $251,052 | $151,027 |
| 2022 | 91 | $99,135 | $235,908 | $137,849 |
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 |
|---|---|---|---|---|
| PLANNED ADMINISTRATORS, INC. | Other Service Provider | $33,436 | — | $33,436 |
| THE BENECON GROUP , LLC | Investment Advisor | $17,017 | — | $17,017 |
| ECM SOLUTIONS | Investment Advisor | $16,075 | — | $16,075 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,528
- Estimated Expense Ratio: 38.526% 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 | $451,989 | — | — | — | — |
| 2023 | $305,754 | — | — | — | — |
| 2022 | $335,571 | — | — | — | — |