Plan Snapshot
- Plan Sponsor: Standale Lumber LLC
- Sponsor EIN: 825224485
- Sponsor Address: 2817 E. DUPONT ROAD, FORT WAYNE, IN, 468251668
- Plan Type: 401(k)
- Total Participants: 470
- Total Assets: $11.8M
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. |
|---|---|---|---|---|
| 2023 | 470 | $11.8M | $764,154 | $1.8M |
| 2022 | 491 | $12.1M | $494,562 | $1.1M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $65,522 | — | $65,522 |
| MERRILL LYNCH PIERCE FENNER & SMITH | CONSULTANT | $52,342 | $214 | $52,556 |
| MONROE, SWEERIS & TROMP P.L.C. | Auditor | $875 | — | $875 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MONROE, SWEERIS & TROMP P.L.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $118,953
- Estimated Expense Ratio: 1.010% 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 |
|---|---|---|---|---|---|
| 2023 | $59,807 | $13,086 | $32,761 | $875 | — |
| 2022 | $45,075 | $15,162 | $26,727 | — | $3,186 |