Plan Snapshot
- Plan Sponsor: Handi-Foil Corporation
- Sponsor EIN: 363309158
- Sponsor Address: 135 E HINTZ RD, WHEELING, IL, 60090
- Plan Type: 401(k)
- Total Participants: 258
- Total Assets: $38.2M
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 | 258 | $38.2M | $838,109 | $1.8M |
| 2023 | 245 | $33.7M | $776,194 | $1.7M |
| 2022 | 230 | $27.3M | $737,365 | $1.7M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $13,151 | — | $13,151 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $6,088 | — | $6,088 |
| OSTROW REISIN BERK & ABRAMS LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- OSTROW REISIN BERK & ABRAMS LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,239
- Estimated Expense Ratio: 0.050% 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 | $19,239 | $13,151 | — | — | — |
| 2023 | $19,269 | $13,169 | — | — | — |
| 2022 | $16,276 | $10,107 | — | — | — |