Plan Snapshot
- Plan Sponsor: Integrated Mill Systems, INC.
- Sponsor EIN: 341719398
- Sponsor Address: 1702 JOSEPH LLOYD PARKWAY, WILLOUGHBY, OH, 44094
- Plan Type: 401(k)
- Total Participants: 120
- Total Assets: $15.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 120 | $15.8M | $277,069 | $809,533 |
| 2023 | 109 | $12.9M | $291,728 | $834,190 |
| 2022 | 108 | $10.7M | $257,307 | $685,203 |
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 |
|---|---|---|---|---|
| COHEN & COMPANY LTD | Auditor | — | — | $0 |
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 | $54,520 | $32,788 | — | — | — |
| 2023 | $45,097 | $28,010 | — | — | — |
| 2022 | $1,942,330 | — | $50,279 | — | — |