Plan Snapshot
- Plan Sponsor: Eastern Metal Supply, INC.
- Sponsor EIN: 592249307
- Sponsor Address: 3600 23RD AVENUE SOUTH, LAKE WORTH, FL, 33461
- Plan Type: 401(k)
- Total Participants: 850
- Total Assets: $49.6M
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 | 850 | $49.6M | $970,332 | $3.2M |
| 2023 | 812 | $45.8M | $1.0M | $3.0M |
| 2022 | 731 | $38.2M | $931,990 | $2.8M |
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 |
|---|---|---|---|---|
| T.E. LOTT & COMPANY | Auditor | — | — | $0 |
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 | $203,033 | $71,056 | — | — | — |
| 2023 | $155,388 | $57,527 | — | — | — |
| 2022 | $58,847 | $58,847 | — | — | — |