Plan Snapshot
- Plan Sponsor: Industrial Manufacturing Company, LLC
- Sponsor EIN: 231231670
- Sponsor Address: 8223 BRECKSVILLE ROAD, SUITE 100, BRECKSVILLE, OH, 44141
- Plan Type: 401(k)
- Total Participants: 1,134
- Total Assets: $159.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 1,134 | $159.1M | $0 | $0 |
| 2024 | 1,322 | $157.2M | $0 | $0 |
| 2023 | 1,387 | $139.3M | $0 | $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 |
|---|---|---|---|---|
| COHEN & COMPANY LTD. | Auditor | $22,500 | — | $22,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,500
- Estimated Expense Ratio: 0.014% 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 |
|---|---|---|---|---|---|
| 2025 | $210,488 | $75,000 | — | $22,500 | — |
| 2024 | $223,223 | $93,750 | $20,050 | — | — |
| 2023 | $222,294 | $93,750 | — | — | $20,048 |