Plan Snapshot
- Plan Sponsor: Sudenga Industries INC
- Sponsor EIN: 420838106
- Sponsor Address: PO BOX 8, GEORGE, IA, 51237
- Plan Type: 401(k)
- Total Participants: 191
- Total Assets: $14.9M
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 | 191 | $14.9M | $248,856 | $583,330 |
| 2023 | 194 | $13.1M | $238,089 | $556,353 |
| 2022 | 192 | $11.3M | $223,565 | $535,425 |
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 |
|---|---|---|---|---|
| FRANKEL, LLC | Auditor | $23,500 | — | $23,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FRANKEL, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,500
- Estimated Expense Ratio: 0.158% 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 | $74,497 | $49,187 | — | $23,500 | — |
| 2023 | $44,462 | $43,341 | — | — | — |
| 2022 | $51,049 | $40,132 | — | — | $10,917 |