Plan Snapshot
- Plan Sponsor: Industrial Physics, INC.
- Sponsor EIN: 464945022
- Sponsor Address: 100 QUALITY AVE, NEW ALBANY, IN, 47150
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $14.0M
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 | 135 | $14.0M | $336,694 | $737,736 |
| 2023 | 105 | $13.7M | $349,450 | $672,583 |
| 2022 | 110 | $11.7M | $297,002 | $631,452 |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $52,676 | $36,170 | $16,506 | — | — |
| 2023 | $48,064 | $30,944 | $17,120 | — | — |
| 2022 | $40,006 | $24,812 | $15,194 | — | — |