Plan Snapshot
- Plan Sponsor: Ingeteam INC.
- Sponsor EIN: 263013059
- Sponsor Address: 3550 WEST CANAL STREET, MILWAUKEE, WI, 53208
- Plan Type: 401(k)
- Total Participants: 20
- Total Assets: $144,586
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 | 20 | $144,586 | $0 | $39,193 |
| 2023 | 97 | $4.5M | $149,532 | $387,870 |
| 2022 | 99 | $3.8M | $133,333 | $435,751 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $60,668 | — | $60,668 |
| SPECTRUM INVESTMENT ADVISORS | Investment Advisor | $36,598 | — | $36,598 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,266
- Estimated Expense Ratio: 67.272% 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 | — | — | — | — | — |
| 2023 | $48,633 | $18,299 | — | — | — |
| 2022 | $29,055 | — | — | — | — |