Plan Snapshot
- Plan Sponsor: Miller Products, INC.
- Sponsor EIN: 341351168
- Sponsor Address: 450 COURTNEY RD., SEBRING, OH, 44672
- Plan Type: 401(k)
- Total Participants: 305
- Total Assets: $25.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 305 | $25.2M | $619,264 | $635,493 |
| 2023 | 299 | $21.5M | $0 | $635,706 |
| 2022 | 290 | $20.1M | $323,826 | $653,150 |
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 |
|---|---|---|---|---|
| EDWARD D, JONES & CO., L.P. | Other Service Provider | $46,362 | — | $46,362 |
| JOHN HANCOCK LIFE INSURANCE CO USA | Recordkeeper | $13,911 | — | $13,911 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE CO USA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,273
- Estimated Expense Ratio: 0.240% 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 | $124,942 | $50,998 | $10,369 | — | — |
| 2023 | $108,612 | — | — | — | — |
| 2022 | $119,060 | — | $112,530 | — | $6,530 |