# Electro-Methods, INC. 401(k) Plan
Source: https://planprovider.pro/companies/electro-methods-inc-plan-001

> Electro-Methods, INC.'s 401(k) plan: 210 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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