Plan Snapshot
- Plan Sponsor: Ideal Industries, INC.
- Sponsor EIN: 362048768
- Sponsor Address: 1375 PARK AVENUE, SYCAMORE, IL, 60178
- Plan Type: DB
- Total Participants: 449
- Total Assets: $45.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 449 | $45.2M | $2.0M | $0 |
| 2023 | 433 | $47.1M | $5.0M | $0 |
| 2022 | 1,100 | $41.2M | $6.5M | $0 |
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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | NONE KNOWN | $616,353 | — | $616,353 |
| CAPFINANCIAL PARTNERS, LLC | NONE KNOWN | $61,250 | — | $61,250 |
| U.S. BANK NATIONAL ASSOCIATION | NONE KNOWN | $23,976 | — | $23,976 |
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — NONE KNOWN
- U.S. BANK NATIONAL ASSOCIATION — NONE KNOWN
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $701,579
- Estimated Expense Ratio: 1.553% 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 | $1,155,317 | $61,250 | — | — | — |
| 2023 | $1,542,593 | $8,750 | — | — | — |
| 2022 | $450,099 | $35,000 | — | — | $20,139 |