Plan Snapshot
- Plan Sponsor: Ilpea Industries, INC.
- Sponsor EIN: 351764586
- Sponsor Address: 745 SOUTH GARDNER STREET, SCOTTSBURG, IN, 471702178
- Plan Type: 401(k)
- Total Participants: 577
- Total Assets: $40.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 577 | $40.9M | $1.2M | $1.1M |
| 2023 | 618 | $41.7M | $1.2M | $997,829 |
| 2022 | 533 | $36.1M | $1.2M | $975,632 |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | NONE | $48,039 | — | $48,039 |
| T ROWE PRICE RPS INC | NONE | $43,738 | — | $43,738 |
| NEWPORT TRUST COMPANY | NONE | $5,883 | — | $5,883 |
| CLIFTONLARSONALLEN, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,660
- Estimated Expense Ratio: 0.239% 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 | $97,660 | — | — | — | — |
| 2023 | $113,909 | $37,928 | $50,080 | — | — |
| 2022 | $117,650 | $17,220 | $95,238 | — | $5,192 |