Plan Snapshot
- Plan Sponsor: Bil-Jax, INC.
- Sponsor EIN: 344414138
- Sponsor Address: 125 TAYLOR PARKWAY, ARCHBOLD, OH, 43502
- Plan Type: 401(k)
- Total Participants: 289
- Total Assets: $13.7M
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 | 289 | $13.7M | $463,626 | $745,915 |
| 2023 | 330 | $12.7M | $457,768 | $706,695 |
| 2022 | 288 | $11.3M | $402,626 | $651,076 |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $53,658 | — | $53,658 |
| HIGHLAND CONSULTING ASSOCIATES INC | INVESTMENT ADVISOR | $32,473 | — | $32,473 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $22,030 | — | $22,030 |
| REHMANN ROBSON LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $108,161
- Estimated Expense Ratio: 0.787% 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 | $108,161 | $86,131 | — | — | — |
| 2023 | $78,229 | $49,216 | — | — | — |
| 2022 | $81,130 | — | $81,130 | — | — |