Plan Snapshot
- Plan Sponsor: Metal Powder Products, LLC
- Sponsor EIN: 352048692
- Sponsor Address: 14670 CUMBERLAND ROAD, NOBLESVILLE, IN, 46060
- Plan Type: 401(k)
- Total Participants: 64
- Total Assets: $2.5M
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 | 64 | $2.5M | $121,921 | $151,818 |
| 2023 | 74 | $2.3M | $153,751 | $195,716 |
| 2022 | 77 | $2.0M | $137,711 | $173,813 |
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 |
|---|---|---|---|---|
| MOWERY & SCHOENFELD, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MOWERY & SCHOENFELD, LLC — 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 | $18,780 | $8,316 | — | — | — |
| 2023 | $17,806 | $8,000 | — | — | — |
| 2022 | $16,494 | $8,819 | $7,675 | — | — |