Plan Snapshot
- Plan Sponsor: Horizon Management, INC.
- Sponsor EIN: 341908108
- Sponsor Address: 821 KENTWOOD DR, BOARDMAN, OH, 44512
- Plan Type: 401(k)
- Total Participants: 206
- Total Assets: $2.4M
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 | 206 | $2.4M | $46,948 | $297,707 |
| 2023 | 241 | $2.2M | $52,839 | $313,123 |
| 2022 | 286 | $2.0M | $54,630 | $289,091 |
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 |
|---|---|---|---|---|
| TRINITY PENSION CONSULTANTS, INC. | TPA | $17,338 | — | $17,338 |
| EMPOWER ANNUITY INSURANCE CO. | RECORDKEEPER | $14,661 | — | $14,661 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISOR | $11,215 | — | $11,215 |
| HD DAVIS CPAS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HD DAVIS CPAS LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,214
- Estimated Expense Ratio: 1.792% 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 | $36,927 | — | $36,927 | — | — |
| 2023 | $21,115 | — | $21,115 | — | — |
| 2022 | $23,870 | — | $23,870 | — | — |