Plan Snapshot
- Plan Sponsor: Stepan Company
- Sponsor EIN: 361823834
- Sponsor Address: 1101 SKOKIE BOULEVARD SUITE 500, NORTHBROOK, IL, 60062
- Plan Type: DB
- Total Participants: 130
- Total Assets: $97.6M
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 | 130 | $97.6M | $0 | $0 |
| 2023 | 150 | $107.5M | $0 | $0 |
| 2022 | 208 | $105.7M | $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 |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | $30,159 | — | $30,159 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,159
- Estimated Expense Ratio: 0.031% 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 | $588,467 | $117,303 | — | $30,159 | — |
| 2023 | $712,789 | $131,152 | — | $46,230 | — |
| 2022 | $595,945 | $154,013 | — | — | $111,346 |