Plan Snapshot
- Plan Sponsor: International Technical Coatings, INC.
- Sponsor EIN: 860802110
- Sponsor Address: 110 S 41ST AVE, PHOENIX, AZ, 85009
- Plan Type: 401(k)
- Total Participants: 188
- Total Assets: $4.2M
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 | 188 | $4.2M | $309,792 | $595,167 |
| 2023 | 220 | $3.7M | $404,021 | $718,849 |
| 2022 | 350 | $2.8M | $110,438 | $795,848 |
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 |
|---|---|---|---|---|
| TULL, FORSBERG & OLSON, PLC | 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 | $8,229 | $2,123 | — | — | — |
| 2023 | $15,306 | $3,988 | — | — | — |
| 2022 | $34,600 | $357 | — | — | — |