Plan Snapshot
- Plan Sponsor: Steere Enterprises, INC.
- Sponsor EIN: 340751401
- Sponsor Address: 285 COMMERCE STREET, TALLMADGE, OH, 44278
- Plan Type: 401(k)
- Total Participants: 228
- Total Assets: $17.7M
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 | 228 | $17.7M | $221,590 | $690,740 |
| 2023 | 238 | $16.2M | $270,116 | $747,337 |
| 2022 | 261 | $14.0M | $301,647 | $797,325 |
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 |
|---|---|---|---|---|
| COHEN & COMPANY, LTD. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $42,621 | $18,750 | $23,171 | — | — |
| 2023 | $38,696 | $17,500 | $20,046 | — | — |
| 2022 | $20,547 | — | — | — | — |