Plan Snapshot
- Plan Sponsor: Innotec Corp
- Sponsor EIN: 383076153
- Sponsor Address: 441 E ROOSEVELT, ZEELAND, MI, 494641278
- Plan Type: 401(k)
- Total Participants: 158
- Total Assets: $19.9M
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 | 158 | $19.9M | $117,271 | $928,925 |
| 2023 | 176 | $18.1M | $109,251 | $905,668 |
| 2022 | 196 | $15.3M | $0 | $844,510 |
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 |
|---|---|---|---|---|
| HUNGERFORD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HUNGERFORD — 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 | $7,913 | — | $7,913 | — | — |
| 2023 | $6,886 | — | $6,886 | — | — |
| 2022 | $6,321 | — | $6,321 | — | — |