Plan Snapshot
- Plan Sponsor: Stagnaro Holdings, INC.
- Sponsor EIN: 271822334
- Sponsor Address: 351 WILMER AVENUE, CINCINNATI, OH, 45226
- Plan Type: 401(k)
- Total Participants: 196
- Total Assets: $11.6M
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 | 196 | $11.6M | $222,997 | $743,325 |
| 2023 | 202 | $10.2M | $208,829 | $697,827 |
| 2022 | 195 | $9.4M | $201,185 | $667,758 |
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 | Other Service Provider | $53,490 | $25 | $53,515 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $43,173 | — | $43,173 |
| CREATIVE RETIREMENT SYSTEMS, INC | Recordkeeper | $4,080 | $5,811 | $9,891 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $106,579
- Estimated Expense Ratio: 0.918% 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 | $100,743 | $26,745 | $47,253 | — | — |
| 2023 | $83,969 | $21,351 | $41,267 | — | — |
| 2022 | $35,146 | $14,999 | $20,147 | — | — |