Plan Snapshot
- Plan Sponsor: Stepan Company
- Sponsor EIN: 361823834
- Sponsor Address: 1101 SKOKIE BOULEVARD SUITE 500, NORTHBROOK, IL, 60062
- Plan Type: 401(k)
- Plan Number: 011
- Total Participants: 0
- Total Assets: $126.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $126.9M | $0 | $0 |
| 2023 | 0 | $138.0M | $0 | $0 |
| 2022 | 0 | $136.7M | $0 | $0 |
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 |
|---|---|---|---|---|
| BANK OF AMERICA | Other Service Provider | $321,487 | — | $321,487 |
| COLUMBIA ADVISORY PARTNERS, LLC | Other Service Provider | $155,191 | — | $155,191 |
| WILLIS TOWERS WATSON | Other Service Provider | $92,500 | — | $92,500 |
| GRANT THORNTON LLP | Other Service Provider | $39,900 | — | $39,900 |
| PROCENTIA | Other Service Provider | $34,500 | — | $34,500 |
| CHOREO, LLC | Other Service Provider | $7,500 | — | $7,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $651,078
- Estimated Expense Ratio: 0.513% 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 | $778,541 | $162,691 | — | $39,900 | — |
| 2023 | $907,984 | $167,074 | — | $58,893 | — |
| 2022 | $790,524 | $204,298 | — | — | $147,700 |