Plan Snapshot
- Plan Sponsor: Grand River Rubber & Plastics Company
- Sponsor EIN: 310887443
- Sponsor Address: PO BOX 477, ASHTABULA, OH, 440050477
- Plan Type: 401(k)
- Total Participants: 168
- Total Assets: $32.7M
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 | 168 | $32.7M | $571,756 | $781,342 |
| 2023 | 180 | $29.8M | $560,101 | $772,048 |
| 2022 | 195 | $29.6M | $654,883 | $823,472 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $21,974 | — | $21,974 |
| WELLS FARGO CLEARING SERVICES LLC | OTHER SERVICES | — | $11,057 | $11,057 |
| WELLS FARGO ADVISORS INS AGENCY LLC | OTHER SERVICES | — | $7,291 | $7,291 |
| SNODGRASS OF N.E. OHIO, INC. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,322
- Estimated Expense Ratio: 0.123% 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 | $21,975 | — | $21,975 | — | — |
| 2023 | $22,567 | — | $22,567 | — | — |
| 2022 | $22,881 | — | $22,881 | — | — |