Plan Snapshot
- Plan Sponsor: Standard Textile Co., INC.
- Sponsor EIN: 310567297
- Sponsor Address: ONE KNOLLCREST DRIVE, CINCINNATI, OH, 45237
- Plan Type: 401(k)
- Total Participants: 878
- Total Assets: $184.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 878 | $184.6M | $2.3M | $6.1M |
| 2023 | 873 | $164.1M | $2.1M | $5.7M |
| 2022 | 922 | $144.4M | $2.1M | $5.6M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES INC | RECORDKEEPER | $97,790 | — | $97,790 |
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES INC — RECORDKEEPER
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,790
- Estimated Expense Ratio: 0.053% 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 | $101,687 | $3,897 | — | — | — |
| 2023 | $109,063 | $7,258 | — | — | — |
| 2022 | $106,888 | $7,463 | — | — | — |