Plan Snapshot
- Plan Sponsor: Maddox Industrial Transformer
- Sponsor EIN: 473134140
- Sponsor Address: 865 VICTOR HILL ROAD, GREER, SC, 29651
- Plan Type: 401(k)
- Total Participants: 263
- Total Assets: $4.1M
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 | 263 | $4.1M | $612,026 | $931,586 |
| 2023 | 104 | $2.5M | $354,560 | $556,733 |
| 2022 | 60 | $1.3M | $180,703 | $305,481 |
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 |
|---|---|---|---|---|
| PLANTE MORAN PLLC | 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 | $399 | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |