Plan Snapshot
- Plan Sponsor: Fabricated Metals, LLC
- Sponsor EIN: 610504753
- Sponsor Address: PO BOX 9043, LOUISVILLE, KY, 40209
- Plan Type: 401(k)
- Total Participants: 260
- Total Assets: $11.4M
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 | 260 | $11.4M | $51,456 | $749,286 |
| 2023 | 234 | $10.2M | $42,678 | $718,324 |
| 2022 | 263 | $8.8M | $40,335 | $585,856 |
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 |
|---|---|---|---|---|
| CERITY PARTNERS RETIREMENT PLAN | ADVISOR | $28,475 | — | $28,475 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $26,680 | — | $26,680 |
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,155
- Estimated Expense Ratio: 0.484% 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 | $62,378 | $35,698 | — | — | — |
| 2023 | $53,360 | $30,973 | — | — | — |
| 2022 | $40,990 | $2,012 | — | — | — |