# Specialty Washer Co. Of Sc, INC. 401(k) Plan
Source: https://planprovider.pro/companies/specialty-washer-co-of-sc-inc-401k-plan

> Specialty Washer Co. Of Sc, INC.&#39;s 401(k) plan: 109 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Specialty Washer Co. Of Sc, INC.

- **Sponsor EIN:** 112731688

- **Sponsor Address:** 7433 MAIN HIGHWAY, BAMBERG, SC, 290038280

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

- **Total Participants:** 109

- **Total Assets:** $13.0M

## 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|109|$13.0M|$325,601|$525,434|

| 2023|115|$13.3M|$323,110|$499,711|

| 2022|105|$12.7M|$305,935|$462,952|

## 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|

| MERRILL LYNCH PIERCE FENNER & SMITH|INVESTMENT ADVISOR|$25,427|$5,637|$31,064|

| THE HOBBS GROUP PA|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [THE HOBBS GROUP PA](https://planprovider.pro/provider/the-hobbs-group-pa) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $31,064

- **Estimated Expense Ratio:** 0.239% 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|$28,707|$25,428|—|—|—|

| 2023|$20,539|$18,636|—|—|—|

| 2022|$23,829|—|—|—|—|

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