Plan Snapshot
- Plan Sponsor: Stepan Company
- Sponsor EIN: 361823834
- Sponsor Address: 1101 SKOKIE BOULEVARD SUITE 500, NORTHBROOK, IL, 60062
- Plan Type: DC
- Total Participants: 1,273
- Total Assets: $41.9M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,273 | $41.9M | $1.5M | $0 |
| 2023 | 1,269 | $68.0M | $1.3M | $0 |
| 2022 | 1,281 | $82.1M | $4.2M | $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 |
|---|---|---|---|---|
| FIDELITY INV. INST. OPS. CO. | NONE | $47,304 | — | $47,304 |
| GRANT THORNTON LLP | NONE | $23,100 | — | $23,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INV. INST. OPS. CO. — 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: $70,404
- Estimated Expense Ratio: 0.168% 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 | $70,404 | — | — | $23,100 | — |
| 2023 | $50,743 | — | — | $3,334 | — |
| 2022 | $75,234 | — | — | — | $29,229 |