Plan Snapshot
- Plan Sponsor: Sterling Jewelers INC.
- Sponsor EIN: 273967537
- Sponsor Address: 375 GHENT ROAD, AKRON, OH, 44333
- Plan Type: 401(k)
- Total Participants: 24,148
- Total Assets: $742.1M
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 | 24,148 | $742.1M | $13.0M | $40.8M |
| 2023 | 24,390 | $685.2M | $13.4M | $41.7M |
| 2022 | 24,606 | $562.0M | $13.0M | $40.8M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $903,499 | — | $903,499 |
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | NONE | $118,406 | — | $118,406 |
| BOBER MARKEY FEDOROVICH & COMPANY | NONE | $22,000 | — | $22,000 |
| BOBER MARKEY FEDOROVICH & COMPA | Auditor | $22,000 | — | $22,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOBER MARKEY FEDOROVICH & COMPANY — NONE
- BOBER MARKEY FEDOROVICH & COMPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,065,905
- Estimated Expense Ratio: 0.144% 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 | $1,045,105 | $118,406 | — | $22,000 | — |
| 2023 | $931,649 | $164,661 | — | $20,500 | — |
| 2022 | $894,528 | $127,278 | — | — | $20,300 |