Plan Snapshot
- Plan Sponsor: Industrial Hard Chrome, Ltd.
- Sponsor EIN: 363392489
- Sponsor Address: 501 FLUID POWER DRIVE, GENEVA, IL, 60134
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $16.2M
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 | 102 | $16.2M | $424,623 | $312,731 |
| 2023 | 102 | $13.9M | $475,071 | $357,432 |
| 2022 | 108 | $12.0M | $480,766 | $374,758 |
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 |
|---|---|---|---|---|
| PROACCOUNT | Investment Advisor | $30,945 | — | $30,945 |
| WELLS FARGO CLEARING SRVS LLC (PCG) | Investment Advisor | $8,903 | — | $8,903 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PROACCOUNT — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,848
- Estimated Expense Ratio: 0.247% 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 | $73,083 | — | $73,083 | — | — |
| 2023 | $70,151 | — | $70,151 | — | — |
| 2022 | $69,731 | — | $69,731 | — | — |