# Somero Enterprises INC 401(k) Plan
Source: https://planprovider.pro/companies/somero-enterprises-inc-401k-plan

> Somero Enterprises INC's 401(k) plan: 147 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Somero Enterprises INC

- **Sponsor EIN:** 203225968

- **Sponsor Address:** 14530 GLOBAL PKWY, FORT MYERS, FL, 33913

- **Plan Type:** 401(k)

- **Total Participants:** 147

- **Total Assets:** $24.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|147|$24.0M|$979,486|$1.4M|

| 2023|172|$21.5M|$1.0M|$1.4M|

| 2022|184|$17.1M|$1.0M|$1.3M|

## 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|

| THE VANGUARD GROUP, INC.|NONE|$6,519|—|$6,519|

| ANDERS MINKLER HUBER & HELM LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [THE VANGUARD GROUP, INC.](https://planprovider.pro/provider/the-vanguard-group-inc) — NONE

- [ANDERS MINKLER HUBER & HELM LLP](https://planprovider.pro/provider/anders-minkler-huber-and-helm-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $6,519

- **Estimated Expense Ratio:** 0.027% 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|$6,519|—|$6,519|—|—|

| 2023|$20,170|—|$20,170|—|—|

| 2022|$10,175|—|$10,175|—|—|

## Similar Plans

- [Uninsured United Parachute Techn](https://planprovider.pro/companies/uninsured-united-parachute-technologies-llc-401k-plan) — 147 participants

- [Exxelia Usa INC](https://planprovider.pro/companies/exxelia-usa-inc-401k-plan) — 148 participants

- [Dayton-Granger INC.](https://planprovider.pro/companies/dayton-granger-inc-401k-plan) — 145 participants

- [Jet Research Development, INC.](https://planprovider.pro/companies/jet-research-development-inc-plan) — 152 participants

- [Rgf Environmental Group, INC.](https://planprovider.pro/companies/rgf-environmental-group-inc-401k-plan) — 153 participants

- [Image International Manufacturing, LLC](https://planprovider.pro/companies/image-international-manufacturing-llc-plan) — 140 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/somero-enterprises-inc-401k-plan)

© 2026 PlanProvider.Pro