Plan Snapshot
- Plan Sponsor: Micropulse, INC.
- Sponsor EIN: 351861872
- Sponsor Address: 5865 EAST STATE ROAD 14, COLUMBIA CITY, IN, 46725
- Plan Type: 401(k)
- Total Participants: 529
- Total Assets: $28.8M
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 | 529 | $28.8M | $996,675 | $2.0M |
| 2023 | 485 | $24.2M | $839,301 | $1.8M |
| 2022 | 440 | $19.8M | $787,621 | $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 |
|---|---|---|---|---|
| PHILLIPS FINANCIAL | Investment Advisor | $59,413 | — | $59,413 |
| VOYA RETIREMENT INSURANCE AND ANNUI | Other Service Provider | $54,558 | $216 | $54,774 |
| BENEFIT PLANS PLUS, LLC | Recordkeeper | $10,700 | $12,473 | $23,173 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $137,360
- Estimated Expense Ratio: 0.477% 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 | $124,670 | $59,413 | $64,682 | — | — |
| 2023 | $107,805 | $51,918 | $36,946 | — | — |
| 2022 | $96,320 | — | — | — | — |