Plan Snapshot
- Plan Sponsor: Bettcher Industries, INC.
- Sponsor EIN: 341575191
- Sponsor Address: 6801 STATE ROUTE 60, WAKEMAN, OH, 448898509
- Plan Type: 401(k)
- Total Participants: 247
- Total Assets: $66.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 247 | $66.3M | $607,822 | $1.9M |
| 2023 | 251 | $68.0M | $311,660 | $1.9M |
| 2022 | 275 | $66.1M | $465,495 | $1.8M |
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 |
|---|---|---|---|---|
| DAMICO WAWRIN & COMPANY CPA'S | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DAMICO WAWRIN & COMPANY CPA'S — Auditor
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 | $83,681 | — | $83,681 | — | — |
| 2023 | $119,064 | $32,719 | $86,345 | — | — |
| 2022 | $89,284 | — | $89,284 | — | — |