Plan Snapshot
- Plan Sponsor: Itu Absorbtech, INC
- Sponsor EIN: 390367080
- Sponsor Address: 2700 SOUTH 160TH STREET, NEW BERLIN, WI, 53151
- Plan Type: 401(k)
- Total Participants: 468
- Total Assets: $49.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 468 | $49.3M | $588,935 | $1.9M |
| 2023 | 466 | $43.3M | $559,173 | $1.7M |
| 2022 | 444 | $37.2M | $521,904 | $1.6M |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — 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 | $12,622 | $8,596 | $3,550 | — | — |
| 2023 | $11,517 | $8,316 | $2,700 | — | — |
| 2022 | $8,749 | — | — | — | — |