Plan Snapshot
- Plan Sponsor: Stier Supply Company
- Sponsor EIN: 570283944
- Sponsor Address: 303 BELLINGER LN, GASTON, SC, 290538345
- Plan Type: 401(k)
- Total Participants: 431
- Total Assets: $9.3M
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 | 431 | $9.3M | $594,363 | $1.2M |
| 2023 | 397 | $6.8M | $507,794 | $983,428 |
| 2022 | 275 | $4.9M | $380,267 | $723,816 |
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 |
|---|---|---|---|---|
| CORNERSTONE WEALTH GROUP LLC | ADVISOR | $28,360 | — | $28,360 |
| PAYCHEX, INC. | RECORDKEEPER | $19,459 | — | $19,459 |
| MAULDIN & JENKINS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — RECORDKEEPER
- MAULDIN & JENKINS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,819
- Estimated Expense Ratio: 0.515% 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 | $50,963 | $30,755 | $19,348 | — | — |
| 2023 | $37,897 | $21,393 | $15,644 | — | — |
| 2022 | $30,208 | $17,740 | $12,468 | — | — |