Plan Snapshot
- Plan Sponsor: Abrasive Technology, INC.
- Sponsor EIN: 310802865
- Sponsor Address: 8400 GREEN MEADOWS DRIVE, LEWIS CENTER, OH, 43035
- Plan Type: 401(k)
- Total Participants: 217
- Total Assets: $16.4M
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 | 217 | $16.4M | $596,339 | $910,496 |
| 2023 | 197 | $15.8M | $529,158 | $815,538 |
| 2022 | 166 | $19.2M | $346,006 | $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 |
|---|---|---|---|---|
| BHM CPA GROUP, INC. | 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 | $63,897 | — | — | — | — |
| 2023 | $50,457 | — | — | — | — |
| 2022 | $111,836 | — | — | — | $111,836 |