Plan Snapshot
- Plan Sponsor: Logan Clay Products Company
- Sponsor EIN: 314236910
- Sponsor Address: 201 SOUTH WALNUT STREET, LOGAN, OH, 43138
- Plan Type: 401(k)
- Total Participants: 105
- Total Assets: $7.5M
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 | 105 | $7.5M | $147,870 | $376,220 |
| 2023 | 105 | $7.4M | $136,773 | $360,332 |
| 2022 | 106 | $6.6M | $143,992 | $345,338 |
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 |
|---|---|---|---|---|
| DANIEL O'CONNELL | NONE | $28,592 | — | $28,592 |
| SIKICH CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,592
- Estimated Expense Ratio: 0.382% 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 | $34,132 | $28,592 | $5,330 | — | — |
| 2023 | $34,911 | $26,498 | — | — | — |
| 2022 | $34,880 | $28,655 | $500 | — | $5,725 |