# Innovative Machining Technology, INC. Health & Welfare Plan
Source: https://planprovider.pro/companies/innovative-machining-technology-inc-232621851-501

> Innovative Machining Technology, INC.'s Health & Welfare plan: 30 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Innovative Machining Technology, INC.

- **Sponsor EIN:** 232621851

- **Sponsor Address:** 8 ROWELL ROAD, BOYERTOWN, PA, 19512

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 30

- **Total Assets:** $20,976

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2025|30|$20,976|$0|$0|

| 2024|32|$3,972|$103,753|$19,327|

| 2023|36|$18,207|$310,071|$58,578|

## 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|

| THE BENECON GROUP|Investment Advisor|$28,826|—|$28,826|

| PATRIOT (POWER-KUNKLE GROUP, INC.)|Investment Advisor|$14,307|—|$14,307|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $43,133

- **Estimated Expense Ratio:** 205.630% 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|

| 2025|$434,529|—|—|—|—|

| 2024|$124,415|—|—|—|—|

| 2023|$395,560|—|—|—|—|

## Similar Plans

- [Elliott Company](https://planprovider.pro/companies/elliott-company-401k-plan-003) — 1,347 participants

- [Kalas Mfg INC](https://planprovider.pro/companies/kalas-manufacturing-inc-401k-plan) — 428 participants

- [Elliott Company](https://planprovider.pro/companies/elliott-company-plan-011) — 269 participants

- [Fs-Elliott Co., LLC](https://planprovider.pro/companies/fs-elliott-co-llc-401k-plan) — 253 participants

- [Flinchbaugh Engineering, INC.](https://planprovider.pro/companies/flinchbaugh-engineering-inc-401k-plan) — 191 participants

- [American Hydro](https://planprovider.pro/companies/american-hydro-401k-plan) — 151 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/innovative-machining-technology-inc-232621851-501)

© 2026 PlanProvider.Pro