Plan Snapshot
- Plan Sponsor: Morrison Timing Screw Company
- Sponsor EIN: 362942214
- Sponsor Address: 335 WEST 194TH STREET, GLENWOOD, IL, 60425
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 129
- Total Assets: $13.7M
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 | 129 | $13.7M | $168,336 | $639,380 |
| 2023 | 116 | $12.9M | $237 | $457,024 |
| 2022 | 119 | $10.8M | $138,644 | $447,337 |
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 | $16,158 | — | $16,158 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,158
- Estimated Expense Ratio: 0.118% 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 | $19,190 | — | — | — | — |
| 2023 | $52,652 | — | $52,652 | — | — |
| 2022 | $38,487 | — | $38,487 | — | — |