Plan Snapshot
- Plan Sponsor: Sodel Concepts Ii, LLC
- Sponsor EIN: 473093876
- Sponsor Address: P.O. BOX 49, REHOBOTH BEACH, DE, 19971
- Plan Type: 401(k)
- Total Participants: 310
- Total Assets: $5.2M
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 | 310 | $5.2M | $340,115 | $717,893 |
| 2023 | 289 | $3.8M | $287,419 | $639,398 |
| 2022 | 201 | $2.3M | $268,140 | $517,521 |
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 |
|---|---|---|---|---|
| FAW CASSON & CO. LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FAW CASSON & CO. 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 | $23,192 | $20,112 | — | — | — |
| 2023 | $14,144 | $11,324 | — | — | — |
| 2022 | $4,792 | — | — | — | — |