Plan Snapshot
- Plan Sponsor: Standard Sand & Silica Company
- Sponsor EIN: 590538109
- Sponsor Address: 1850 US HIGHWAY 17 - 92 NORTH, DAVENPORT, FL, 33837
- Plan Type: 401(k)
- Total Participants: 240
- Total Assets: $5.0M
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 | 240 | $5.0M | $0 | $529,322 |
| 2023 | 290 | $5.5M | $0 | $587,536 |
| 2022 | 247 | $4.4M | $0 | $500,208 |
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 | Recordkeeper | $45,786 | — | $45,786 |
| EDWARD JONES | Investment Advisor | — | $17,709 | $17,709 |
| JANET A. PANEBIANCO, CPA, PLLC | Recordkeeper | $7,900 | $2,366 | $10,266 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,761
- Estimated Expense Ratio: 1.482% 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 | $51,844 | — | $51,844 | — | — |
| 2023 | $45,589 | — | $45,589 | — | — |
| 2022 | $37,500 | — | — | — | — |