Plan Snapshot
- Plan Sponsor: Grimm Industries, INC.
- Sponsor EIN: 251236084
- Sponsor Address: 7070 WEST RIDGE ROAD, FAIRVIEW, PA, 16415
- Plan Type: 401(k)
- Total Participants: 104
- Total Assets: $2.1M
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 | 104 | $2.1M | $14,132 | $121,025 |
| 2023 | 94 | $2.1M | $15,456 | $125,902 |
| 2022 | 112 | $2.0M | $17,551 | $129,726 |
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 |
|---|---|---|---|---|
| SCHAFFNER KNIGHT MINNAUGH & COMPANY | 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 | $462,667 | — | $24,509 | — | — |
| 2023 | $354,924 | — | $22,181 | — | — |
| 2022 | $21,001 | $158 | — | — | $10,250 |