# Industrial Manufacturing And Professional Commercial Trust 401(k) Plan
Source: https://planprovider.pro/companies/industrial-manufacturing-and-professional-commercial-trust-616096328-501

> Industrial Manufacturing And Professional Commercial Trust&#39;s 401(k) plan: 4,983 participants, plan year 2024 financials, providers, and benchmarks from Form…

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/employee-fiduciary) — Recordkeeper

- [FRANK N HESTAND CPA PSC](https://planprovider.pro/provider/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|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/industrial-manufacturing-and-professional-commercial-trust-616096328-501)

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