Plan Snapshot
- Plan Sponsor: Elektrisola Incorporated
- Sponsor EIN: 020328436
- Sponsor Address: 126 HIGH STREET, BOSCAWEN, NH, 03303
- Plan Type: DC
- Total Participants: 320
- Total Assets: $58.4M
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 | 320 | $58.4M | $1.4M | $1.2M |
| 2023 | 312 | $52.2M | $2.1M | $1.0M |
| 2022 | 300 | $45.1M | $2.4M | $926,815 |
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 |
|---|---|---|---|---|
| NATHAN WECHSLER & 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 | $4,738 | $16,476 | — | — | — |
| 2023 | $2,355 | $13,625 | — | — | — |
| 2022 | -$2,393 | $10,949 | — | — | — |