Plan Snapshot
- Plan Sponsor: Chemcote, INC.
- Sponsor EIN: 311145593
- Sponsor Address: 7599 FISHEL DRIVE NORTH, DUBLIN, OH, 43016
- Plan Type: 401(k)
- Total Participants: 138
- Total Assets: $9.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 138 | $9.1M | $250,085 | $344,262 |
| 2023 | 122 | $8.8M | $272,325 | $269,543 |
| 2022 | 124 | $7.6M | $220,910 | $268,670 |
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 Advisor | $28,373 | — | $28,373 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $24,755 | — | $24,755 |
| FIFTH THIRD BANK | Investment Advisor | $15,087 | — | $15,087 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,215
- Estimated Expense Ratio: 0.746% 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 | $67,790 | $43,035 | — | — | — |
| 2023 | $53,963 | $31,731 | — | — | — |
| 2022 | $64,115 | — | $64,115 | — | — |