Plan Snapshot
- Plan Sponsor: Storm Products, INC.
- Sponsor EIN: 870426089
- Sponsor Address: 165 SOUTH 800 WEST, BRIGHAM CITY, UT, 84302
- Plan Type: DC
- Total Participants: 200
- Total Assets: $14.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 200 | $14.0M | $984,063 | $0 |
| 2023 | 233 | $12.5M | $926,844 | $0 |
| 2022 | 255 | $10.5M | $993,809 | $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 |
|---|---|---|---|---|
| ACUITY CPA ADVISOTRS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $76,534 | $71,929 | $4,605 | — | — |
| 2023 | $62,786 | $60,266 | $2,520 | — | — |
| 2022 | $59,576 | $57,916 | $1,660 | — | — |