Plan Snapshot
- Plan Sponsor: Industrial Turnaround Corporation
- Sponsor EIN: 541453225
- Sponsor Address: 13141 NORTH ENON CHURCH ROAD, CHESTER, VA, 238363120
- Plan Type: 401(k)
- Total Participants: 461
- Total Assets: $55.1M
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. |
|---|---|---|---|---|
| 2024 | 461 | $55.1M | $0 | $4.2M |
| 2023 | 463 | $50.1M | $0 | $3.7M |
| 2022 | 438 | $43.0M | $0 | $3.6M |
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 |
|---|---|---|---|---|
| MEADOWS URQUHART | Auditor | — | — | $0 |
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 | $84,910 | — | $84,910 | — | — |
| 2023 | $119,251 | — | $119,251 | — | — |
| 2022 | $133,631 | — | $133,631 | — | — |