Plan Snapshot
- Plan Sponsor: Matalco (U.S.), INC.
- Sponsor EIN: 010965990
- Sponsor Address: 5120 TOD AVE SW, LORDSTOWN, OH, 44481
- Plan Type: 401(k)
- Total Participants: 870
- Total Assets: $26.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 870 | $26.8M | $2.0M | $3.2M |
| 2023 | 864 | $21.4M | $2.0M | $3.2M |
| 2022 | 824 | $13.7M | $1.6M | $2.5M |
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 |
|---|---|---|---|---|
| FREED MAXICK P.C. | 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 | $117,534 | $5,149 | — | — | — |
| 2023 | $84,956 | $5,534 | — | — | — |
| 2022 | $53,076 | $2,933 | — | — | — |