Plan Snapshot
- Plan Sponsor: Stepan Company
- Sponsor EIN: 361823834
- Sponsor Address: 1101 SKOKIE BOULEVARD SUITE 500, NORTHBROOK, IL, 60062
- Plan Type: DC
- Total Participants: 1,264
- Total Assets: $395.4M
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 | 1,264 | $395.4M | $8.3M | $14.9M |
| 2023 | 1,260 | $389.3M | $8.3M | $15.6M |
| 2022 | 1,274 | $343.4M | $7.9M | $14.7M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | NONE | $95,691 | — | $95,691 |
| CHOREO, LLC | NONE | $51,250 | — | $51,250 |
| GRANT THORNTON LLP | NONE | $25,200 | — | $25,200 |
| GRANT THORNTON ADVISORS LLC | NONE | $10,739 | — | $10,739 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — NONE
- GRANT THORNTON LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $182,880
- Estimated Expense Ratio: 0.046% 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 | $135,878 | $95,691 | — | $25,200 | — |
| 2023 | $87,038 | $83,704 | — | $3,334 | — |
| 2022 | $156,895 | $118,968 | — | — | $34,050 |