Plan Snapshot
- Plan Sponsor: Empire Industries, INC.
- Sponsor EIN: 060619701
- Sponsor Address: 180 OLCOTT ST, MANCHESTER, CT, 06040
- Plan Type: 401(k)
- Total Participants: 97
- Total Assets: $18.2M
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 | $18.2M | $1.2M | $751,825 |
| 2023 | 95 | $16.5M | $1.0M | $656,012 |
| 2022 | 85 | $13.9M | $846,266 | $555,618 |
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 |
|---|---|---|---|---|
| HARVEY & HOROWITZ, 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 | $60,303 | $42,137 | — | — | — |
| 2023 | $49,257 | $35,011 | — | — | — |
| 2022 | $52,733 | — | — | — | — |