Plan Snapshot
- Plan Sponsor: Elgin Fastener Group, LLC
- Sponsor EIN: 271527683
- Sponsor Address: 1415 S. BENHAM RD, VERSAILLES, IN, 47042
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $0 | $0 |
| 2023 | 346 | $28.8M | $766,991 | $1.9M |
| 2022 | 437 | $26.1M | $925,487 | $1.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $118,506 | — | $118,506 |
| CBIZ INVESTMENT ADVISORY SERVICES | ADVISOR | $59,892 | — | $59,892 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $14,398 | — | $14,398 |
| BROWN, EDWARDS & COMPANY, LLP | Auditor | $3,740 | — | $3,740 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- BROWN, EDWARDS & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $196,536
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 | $29,577 | $9,804 | — | $3,740 | — |
| 2023 | $96,398 | $37,145 | — | — | — |
| 2022 | $104,220 | $9,542 | — | — | — |