Plan Snapshot
- Plan Sponsor: Swank Enterprises INC
- Sponsor EIN: 810302197
- Sponsor Address: PO BOX 568, VALIER, MT, 59486
- Plan Type: DC
- Total Participants: 169
- Total Assets: $5.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 169 | $5.9M | $462,849 | $0 |
| 2023 | 156 | $5.6M | $518,172 | $0 |
| 2022 | 204 | $5.0M | $518,688 | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE | Recordkeeper | $27,694 | — | $27,694 |
| M GROUP INVESTMENT ADVISOR LLC | Investment Advisor | $23,158 | — | $23,158 |
| DAVIS BACON PENSION PLANS INC | Other Service Provider | $21,016 | — | $21,016 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $13,657 | — | $13,657 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,525
- Estimated Expense Ratio: 1.458% 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 | $83,959 | $36,769 | $11,496 | $8,000 | — |
| 2023 | $74,675 | $33,593 | $14,995 | — | — |
| 2022 | $81,884 | $46,404 | $17,452 | — | $18,028 |