Plan Snapshot
- Plan Sponsor: Miller Weldmaster
- Sponsor EIN: 341425990
- Sponsor Address: 4220 ALABAMA AVENUE SW, NAVARRE, OH, 44662
- Plan Type: 401(k)
- Total Participants: 81
- Total Assets: $12.6M
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 | 81 | $12.6M | $231,559 | $510,104 |
| 2023 | 78 | $10.9M | $230,672 | $498,546 |
| 2022 | 95 | $9.3M | $216,198 | $456,239 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | INVESTMENT/FINANCIAL ADVI | $28,777 | — | $28,777 |
| REA & ASSOCIATES, INC | ACCOUNTANT | $15,935 | — | $15,935 |
| ADP, INC. | RECORD KEEPER | $13,621 | — | $13,621 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — INVESTMENT/FINANCIAL ADVI
- REA & ASSOCIATES, INC — ACCOUNTANT
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,333
- Estimated Expense Ratio: 0.462% 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 | $58,334 | $44,713 | — | — | — |
| 2023 | $50,938 | $23,748 | — | $15,500 | — |
| 2022 | $34,313 | — | — | — | — |