Plan Snapshot
- Plan Sponsor: Steer Davies And Gleave INC
- Sponsor EIN: 450585269
- Sponsor Address: 55 WASHINGTON ST STE 504, BROOKLYN, NY, 112011060
- Plan Type: 401(k)
- Total Participants: 91
- Total Assets: $10.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 91 | $10.8M | $374,450 | $946,902 |
| 2023 | 112 | $8.5M | $410,728 | $864,220 |
| 2022 | 137 | $5.3M | $299,817 | $670,696 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | Recordkeeper | $17,214 | — | $17,214 |
| GALLAGHER FIDUCIARY ADVISORS, LLC | Investment Advisor | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
- GALLAGHER FIDUCIARY ADVISORS, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,214
- Estimated Expense Ratio: 0.252% 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 | $28,090 | $10,000 | $17,132 | — | — |
| 2023 | $24,969 | $10,000 | $14,969 | — | — |
| 2022 | — | — | — | — | — |