Plan Snapshot
- Plan Sponsor: Electronics Research, INC.
- Sponsor EIN: 351083384
- Sponsor Address: 7777 GARDNER RD, CHANDLER, IN, 476109219
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 97
- Total Assets: $11.0M
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 | 97 | $11.0M | -$6,518 | $448,506 |
| 2023 | 98 | $14.0M | $6,518 | $541,794 |
| 2022 | 103 | $12.0M | $1,108 | $504,229 |
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 |
|---|---|---|---|---|
| OLD NATIONAL WEALTH MANAGEMENT | Investment Advisor | $27,888 | — | $27,888 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $20,015 | — | $20,015 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,903
- Estimated Expense Ratio: 0.437% 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 | $47,903 | $27,888 | — | — | — |
| 2023 | $41,665 | $24,132 | — | — | — |
| 2022 | $41,139 | — | — | — | — |