Plan Snapshot
- Plan Sponsor: Stihl Incorporated
- Sponsor EIN: 540969072
- Sponsor Address: PO BOX 2015, VIRGINIA BEACH, VA, 234502015
- Plan Type: 401(k)
- Total Participants: 2,785
- Total Assets: $353.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 2,785 | $353.0M | $10.8M | $18.9M |
| 2023 | 2,925 | $310.1M | $10.0M | $17.3M |
| 2022 | 3,049 | $248.7M | $12.4M | $15.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $268,394 | — | $268,394 |
| CAPTRUST | CONSULTANT | $46,208 | — | $46,208 |
| WARREN AVERETT | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CAPTRUST — CONSULTANT
- WARREN AVERETT — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $314,602
- Estimated Expense Ratio: 0.089% 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 | $314,602 | — | — | — | — |
| 2023 | $344,279 | — | $300 | — | — |
| 2022 | $345,552 | — | — | — | — |