Plan Snapshot
- Plan Sponsor: Soil And Materials Engineers, INC.
- Sponsor EIN: 381738670
- Sponsor Address: THE KRAMER BUILDING, PLYMOUTH, MI, 48170
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 487
- Total Assets: $95.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 487 | $95.4M | $0 | $0 |
| 2024 | 349 | $83.5M | $1.9M | $3.6M |
| 2023 | 343 | $72.3M | $1.4M | $3.3M |
| 2022 | 328 | $57.7M | $1.6M | $3.0M |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC | Investment Advisor | $61,715 | — | $61,715 |
| STRATEGIC ADVISERS LLC | Investment Advisor | $22,407 | — | $22,407 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,122
- Estimated Expense Ratio: 0.088% 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 |
|---|---|---|---|---|---|
| 2025 | $10,552,592 | $84,122 | $299 | — | — |
| 2024 | $136,024 | $76,749 | — | — | — |
| 2023 | $11,640 | $6,971 | — | — | — |
| 2022 | $9,909 | $6,559 | — | — | — |