Plan Snapshot
- Plan Sponsor: Anchor Industries, INC.
- Sponsor EIN: 350146550
- Sponsor Address: 7701 HIGHWAY 41N, EVANSVILLE, IN, 47725
- Plan Type: 401(k)
- Total Participants: 342
- Total Assets: $18.8M
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 | 342 | $18.8M | $364,106 | $1.4M |
| 2023 | 364 | $17.8M | $359,385 | $1.4M |
| 2022 | 393 | $14.7M | $334,282 | $1.3M |
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 |
|---|---|---|---|---|
| HARDING, SHYMANSKI AND CO. P.S.C. | Auditor | $10,600 | — | $10,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HARDING, SHYMANSKI AND CO. P.S.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,600
- Estimated Expense Ratio: 0.056% 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 | $75,442 | — | — | $10,600 | — |
| 2023 | $68,500 | — | $300 | $11,500 | — |
| 2022 | $64,268 | — | — | — | — |