Plan Snapshot
- Plan Sponsor: Industrial Technologies And Services, LLC
- Sponsor EIN: 760419383
- Sponsor Address: 525 HARBOUR PLACE DRIVE #600, DAVIDSON, NC, 28036
- Plan Type: 401(k)
- Total Participants: 5,294
- Total Assets: $1.4B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,294 | $1.4B | $29.1M | $44.5M |
| 2023 | 5,204 | $1.3B | $26.3M | $40.5M |
| 2022 | 4,928 | $1.1B | $24.9M | $37.5M |
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 | $285,160 | — | $285,160 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $173,495 | — | $173,495 |
| BUCK GLOBAL LLC | CONSULTANT | $87,465 | — | $87,465 |
| RUBIN BROWN LLP | ACCOUNTANT/AUDITOR | $46,550 | — | $46,550 |
| FOLEY & LARDNER LLP | ATTORNEY/LEGAL | $16,274 | — | $16,274 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- RUBIN BROWN LLP — ACCOUNTANT/AUDITOR
- FOLEY & LARDNER LLP — ATTORNEY/LEGAL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $608,944
- Estimated Expense Ratio: 0.044% 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 | $603,861 | $173,495 | $3,000 | $46,550 | — |
| 2023 | $683,873 | $208,943 | $3,900 | $42,600 | — |
| 2022 | $769,762 | $234,731 | — | — | — |