Plan Snapshot
- Plan Sponsor: Indotronix International Corpo
- Sponsor EIN: 521464254
- Sponsor Address: 687 LEE RD STE 250, ROCHESTER, NY, 146064257
- Plan Type: 401(k)
- Total Participants: 1,295
- Total Assets: $17.4M
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 | 1,295 | $17.4M | $0 | $2.1M |
| 2023 | 1,290 | $15.9M | $0 | $1.8M |
| 2022 | 1,326 | $13.8M | $0 | $1.8M |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | Recordkeeper | $55,709 | — | $55,709 |
| THE WATERFORD GROUP | Investment Advisor | $24,621 | — | $24,621 |
| ERISA FIDUCIARY SERVICES, INC. | Recordkeeper | $9,590 | — | $9,590 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,920
- Estimated Expense Ratio: 0.516% 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 | $115,520 | $24,621 | $65,039 | — | — |
| 2023 | $92,260 | $21,792 | $66,108 | — | — |
| 2022 | $78,692 | $20,458 | $45,234 | — | $13,000 |