Plan Snapshot
- Plan Sponsor: Anderson Manufacturing
- Sponsor EIN: 611030604
- Sponsor Address: 1743 ANDERSON BLVD, HEBRON, KY, 41048
- Plan Type: 401(k)
- Total Participants: 104
- Total Assets: $3.4M
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 | 104 | $3.4M | $135,095 | $380,006 |
| 2023 | 112 | $3.3M | $135,526 | $375,215 |
| 2022 | 144 | $2.6M | $163,273 | $416,890 |
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 |
|---|---|---|---|---|
| LATITUDE SERVICE COMPANY INC | THIRD PARTY ADMINISTRATO | — | $14,226 | $14,226 |
| RUDLER, PSC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RUDLER, PSC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,226
- Estimated Expense Ratio: 0.423% 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 | $34,101 | — | $18,100 | — | — |
| 2023 | $5,809 | — | $5,809 | — | — |
| 2022 | $5,247 | — | — | — | $5,247 |