Plan Snapshot
- Plan Sponsor: Industrial Accessories Company
- Sponsor EIN: 481039244
- Sponsor Address: 5200 METCALF AVENUE, OVERLAND PARK, KS, 66202
- Plan Type: 401(k)
- Total Participants: 319
- Total Assets: $13.9M
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 | 319 | $13.9M | $497,318 | $1.5M |
| 2023 | 447 | $10.8M | $425,368 | $1.2M |
| 2022 | 202 | $8.5M | $368,348 | $946,490 |
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 |
|---|---|---|---|---|
| CREATIVE PLANNING | ADVISOR | $28,432 | — | $28,432 |
| NEWPORT GROUP, INC. | RECORDKEEPER | $28,103 | — | $28,103 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING — ADVISOR
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,535
- Estimated Expense Ratio: 0.407% 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 | $56,535 | $28,432 | — | — | — |
| 2023 | $35,038 | $18,930 | $420 | — | — |
| 2022 | $22,673 | $16,757 | $5,916 | — | — |