Plan Snapshot
- Plan Sponsor: Moriroku Technology North America INC.
- Sponsor EIN: 311177346
- Sponsor Address: 5755 STATE ROUTE 571 E, GREENVILLE, OH, 45331
- Plan Type: 401(k)
- Total Participants: 1,076
- Total Assets: $52.8M
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 | 1,076 | $52.8M | $1.4M | $2.3M |
| 2023 | 1,157 | $49.4M | $1.1M | $1.9M |
| 2022 | 697 | $38.6M | $752,989 | $1.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $237,367 | — | $237,367 |
| HORAN SECURITIES INC | BROKER/ADVISER | — | $22,032 | $22,032 |
| CLARK SCHAEFER AND HACKET | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $259,399
- Estimated Expense Ratio: 0.491% 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 | $239,715 | $2,104 | — | — | — |
| 2023 | $206,334 | $691 | — | — | — |
| 2022 | $200,062 | $150,326 | $49,736 | — | — |