Plan Snapshot
- Plan Sponsor: Foamcraft, INC.
- Sponsor EIN: 350976556
- Sponsor Address: 9230 HARRISON PARK COURT, INDIANAPOLIS, IN, 462161090
- Plan Type: 401(k)
- Total Participants: 259
- Total Assets: $1.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 259 | $1.8M | $85,770 | $268,671 |
| 2023 | 266 | $1.3M | $83,268 | $256,279 |
| 2022 | 303 | $753,676 | $25,843 | $73,509 |
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 |
|---|---|---|---|---|
| SPONSEL CPA GROUP,LLC | 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 | $4,252 | — | — | — | — |
| 2023 | $6,902 | $265 | — | — | — |
| 2022 | $4,277 | $3,920 | — | — | — |