Plan Snapshot
- Plan Sponsor: Deister Machine Company, INC.
- Sponsor EIN: 350266470
- Sponsor Address: 1933 E. WAYNE STREET, FORT WAYNE, IN, 46803
- Plan Type: 401(k)
- Total Participants: 315
- Total Assets: $18.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 315 | $18.6M | $407,280 | $1.0M |
| 2023 | 304 | $17.8M | $489,408 | $981,162 |
| 2022 | 305 | $15.4M | $0 | $212,608 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SERVIC | RETAINED BY EMPLOYER | $44,517 | — | $44,517 |
| SIGMA FINANCIAL CORPORATION | RETAINED BY EMPLOYER | $27,215 | — | $27,215 |
| KATZ SAPPER & MILLER LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT PLAN SERVIC — RETAINED BY EMPLOYER
- KATZ SAPPER & MILLER LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,732
- Estimated Expense Ratio: 0.386% 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 | $71,732 | $28,688 | $43,044 | — | — |
| 2023 | $62,895 | $25,042 | $37,853 | — | — |
| 2022 | $1,300 | $128 | $1,172 | — | — |