# National Inventors Hall Of Fame, INC. 401(k) Plan
Source: https://planprovider.pro/companies/national-inventors-hall-of-fame-inc-401k-plan

> National Inventors Hall Of Fame, INC.'s 401(k) plan: 224 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** National Inventors Hall Of Fame, INC.

- **Sponsor EIN:** 341580038

- **Sponsor Address:** 3701 HIGHLAND PARK NW, NORTH CANTON, OH, 44720

- **Plan Type:** 401(k)

- **Total Participants:** 224

- **Total Assets:** $11.7M

## 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|224|$11.7M|$339,682|$718,012|

| 2023|233|$9.7M|$301,573|$640,698|

| 2022|203|$8.3M|$258,260|$548,289|

## 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|

| CBIZ BENEFITS & INSURANCE|THIRD PARTY ADMIN|—|$5,140|$5,140|

| CITRIN COOPERMAN & COMPANY LLP|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $5,140

- **Estimated Expense Ratio:** 0.044% 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|$4,971|$2,846|$2,075|—|—|

| 2023|$5,183|$1,883|$2,775|—|—|

| 2022|$3,643|—|$3,643|—|—|

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