Plan Snapshot
- Plan Sponsor: Corrosion Engineering, INC.
- Sponsor EIN: 860328603
- Sponsor Address: 148 S NINA CIR, MESA, AZ, 85210
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 137
- Total Assets: $5.5M
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. |
|---|---|---|---|---|
| 2025 | 137 | $5.5M | $0 | $0 |
| 2024 | 121 | $5.5M | $68,412 | $463,681 |
| 2023 | 114 | $5.7M | $70,317 | $434,344 |
| 2022 | 93 | $4.8M | $60,963 | $420,568 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $16,201 | — | $16,201 |
| ARCWOOD FINANCIAL LLC | Investment Advisor | $14,953 | — | $14,953 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,154
- Estimated Expense Ratio: 0.562% 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 |
|---|---|---|---|---|---|
| 2025 | $1,219,376 | $14,953 | — | — | — |
| 2024 | $34,640 | $16,456 | — | — | — |
| 2023 | $32,572 | $14,790 | — | — | — |
| 2022 | $33,589 | — | — | — | — |