Plan Snapshot
- Plan Sponsor: Ingersoll Machine Tools, INC.
- Sponsor EIN: 200198155
- Sponsor Address: 707 FULTON AVE, ROCKFORD, IL, 61103
- Plan Type: 401(k)
- Total Participants: 147
- Total Assets: $23.1M
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 | 147 | $23.1M | $208,193 | $770,246 |
| 2023 | 172 | $21.4M | $232,907 | $860,756 |
| 2022 | 134 | $21.8M | $330,579 | $722,549 |
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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — 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 | $10,417 | $2,086 | — | — | — |
| 2023 | $1,065 | — | — | — | — |
| 2022 | $2,006 | — | — | — | $2,006 |