Plan Snapshot
- Plan Sponsor: Electro-Methods, INC.
- Sponsor EIN: 060802223
- Sponsor Address: 330 GOVERNORS HIGHWAY, SOUTH WINDSOR, CT, 060742422
- Plan Type: 401(k)
- Total Participants: 210
- Total Assets: $24.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 210 | $24.5M | $356,293 | $1.2M |
| 2023 | 197 | $22.1M | $336,629 | $1.1M |
| 2022 | 185 | $18.2M | $320,204 | $1.0M |
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 |
|---|---|---|---|---|
| CBIZ CPAS, P.C. | 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 | $126,108 | $72,226 | $10,144 | — | — |
| 2023 | $96,976 | — | $96,976 | — | — |
| 2022 | $108,941 | $54,988 | $51,873 | — | — |