Plan Snapshot
- Plan Sponsor: Imco Carbide Tools, INC.
- Sponsor EIN: 341237442
- Sponsor Address: 28170 CEDAR PARK BLVD., PERRYSBURG, OH, 435514872
- Plan Type: 401(k)
- Total Participants: 125
- Total Assets: $9.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 125 | $9.4M | $345,997 | $449,968 |
| 2023 | 114 | $7.9M | $288,987 | $379,525 |
| 2022 | 106 | $7.1M | $257,547 | $342,310 |
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 |
|---|---|---|---|---|
| CLARK SCHAEFER HACKETT | 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 | $37,375 | $32,740 | — | — | — |
| 2023 | $6,286 | $6,286 | — | — | — |
| 2022 | $12,440 | $12,440 | — | — | — |