Plan Snapshot
- Plan Sponsor: Ecs Tuning, LLC
- Sponsor EIN: 471395397
- Sponsor Address: 1000 SEVILLE ROAD, WADSWORTH, OH, 442818317
- Plan Type: 401(k)
- Total Participants: 598
- Total Assets: $16.8M
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 | 598 | $16.8M | $925,190 | $1.5M |
| 2023 | 587 | $13.0M | $794,642 | $1.3M |
| 2022 | 533 | $9.9M | $751,621 | $1.2M |
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 |
|---|---|---|---|---|
| USI CONSULTING GROUP INC | THIRD PARTY ADMINISTRATO | — | $12,883 | $12,883 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $6,450 | — | $6,450 |
| PLANTE & MORAN PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,333
- Estimated Expense Ratio: 0.115% 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 | $28,596 | $28,596 | — | — | — |
| 2023 | $27,244 | $27,244 | — | — | — |
| 2022 | $26,491 | $26,491 | — | — | — |