Plan Snapshot
- Plan Sponsor: Appliance Center Of Toledo, INC.
- Sponsor EIN: 340924335
- Sponsor Address: 321 ILLINOIS AVE., MAUMEE, OH, 43537
- Plan Type: 401(k)
- Total Participants: 94
- Total Assets: $6.6M
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 | 94 | $6.6M | $188,578 | $247,016 |
| 2023 | 89 | $6.2M | $185,674 | $237,498 |
| 2022 | 90 | $5.2M | $232,829 | $222,604 |
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 |
|---|---|---|---|---|
| WILLIAM VAUGHAN COMPANY | Auditor | $16,050 | — | $16,050 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIAM VAUGHAN COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,050
- Estimated Expense Ratio: 0.243% 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 | $49,938 | $30,483 | — | $16,050 | — |
| 2023 | $44,412 | $26,231 | — | $15,750 | — |
| 2022 | $29,810 | $27,215 | — | — | — |