Plan Snapshot
- Plan Sponsor: Industrial Manufacturing And Professional Commercial Trust
- Sponsor EIN: 616096328
- Sponsor Address: 230 LEXINGTON GREEN CIRCLE, LEXINGTON, KY, 40503
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 4,983
- Total Assets: $9.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,983 | $9.3M | $51.9M | $0 |
| 2023 | 4,044 | $7.3M | $48.6M | $0 |
| 2022 | 4,359 | $7.7M | $44.9M | $0 |
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 |
|---|---|---|---|---|
| PAYER MATRIX LLC | Other Service Provider | $2,209,008 | — | $2,209,008 |
| UMR | Other Service Provider | $681,452 | — | $681,452 |
| ANTHEM BLUE CROSS BLUE SHIELD | Recordkeeper | $249,420 | — | $249,420 |
| LEWIS AND ELLIS ACTUARIES AND CONS | Other Service Provider | $52,166 | — | $52,166 |
| PERSHING LLC | Other Service Provider | $32,274 | — | $32,274 |
| FRANK N HESTAND CPA PSC | Auditor | $18,000 | — | $18,000 |
| CENTRAL BANK & TRUST COMPANY | Other Service Provider | $8,203 | — | $8,203 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ANTHEM BLUE CROSS BLUE SHIELD — Recordkeeper
- FRANK N HESTAND CPA PSC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,250,523
- Estimated Expense Ratio: 35.122% 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 | $1,314,491 | $37,223 | $681,452 | $18,000 | — |
| 2023 | $1,437,546 | $31,775 | $1,098,794 | $13,000 | — |
| 2022 | $1,353,344 | $37,928 | $654,067 | — | $168,103 |