Plan Snapshot
- Plan Sponsor: Igs Industries, INC.
- Sponsor EIN: 251102726
- Sponsor Address: P.O. BOX 368, MEADOW LANDS, PA, 15347
- Plan Type: 401(k)
- Total Participants: 129
- Total Assets: $3.9M
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 | 129 | $3.9M | $117,079 | $331,112 |
| 2023 | 129 | $3.3M | $103,430 | $271,841 |
| 2022 | 123 | $2.9M | $97,339 | $253,770 |
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 |
|---|---|---|---|---|
| S AND S CPAS LLP | 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 | $16,067 | $16,067 | — | — | — |
| 2023 | $13,533 | $13,498 | — | — | — |
| 2022 | $13,768 | $13,768 | — | — | — |