Plan Snapshot
- Plan Sponsor: Insulfab Plastics, INC.
- Sponsor EIN: 221474026
- Sponsor Address: P. O. BOX 4277, SPARTANBURG, SC, 29305
- Plan Type: DB
- Total Participants: 6
- Total Assets: $6.4M
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. |
|---|---|---|---|---|
| 2024 | 6 | $6.4M | $0 | $0 |
| 2023 | 7 | $6.3M | $0 | $0 |
| 2022 | 8 | $6.3M | $217,503 | $0 |
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 |
|---|---|---|---|---|
| DCS RETIRE, INC. | Other Service Provider | $20,923 | — | $20,923 |
| BCS FINANCIAL, LLC | Other Service Provider | $15,117 | — | $15,117 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,040
- Estimated Expense Ratio: 0.560% 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 | $546,725 | — | — | — | — |
| 2023 | $685,456 | — | — | — | — |
| 2022 | $22,022 | — | — | — | — |