Plan Snapshot
- Plan Sponsor: Incept Corporation
- Sponsor EIN: 341761759
- Sponsor Address: 4150 BELDEN VILLAGE ST. NW, CANTON, OH, 44718
- Plan Type: 401(k)
- Total Participants: 137
- Total Assets: $3.4M
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 | 137 | $3.4M | $119,853 | $197,622 |
| 2023 | 181 | $2.8M | $154,348 | $233,161 |
| 2022 | 368 | $2.0M | $165,296 | $248,852 |
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 |
|---|---|---|---|---|
| REA & ASSOCIATES, INC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- REA & ASSOCIATES, INC — Auditor
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 | $28,802 | — | $28,802 | — | — |
| 2023 | $23,021 | — | $20,408 | — | — |
| 2022 | $16,810 | — | $9,820 | — | $6,990 |