Plan Snapshot
- Plan Sponsor: National Safety Apparel LLC 401(K) Retirement Savings Plan
- Sponsor EIN: 341678801
- Sponsor Address: 15825 INDUSTRIAL PARKWAY, CLEVELAND, OH, 44135
- Plan Type: 401(k)
- Total Participants: 689
- Total Assets: $20.0M
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 | 689 | $20.0M | $616,742 | $1.3M |
| 2023 | 368 | $17.0M | $515,870 | $1.0M |
| 2022 | 308 | $13.5M | $448,826 | $877,154 |
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 |
|---|---|---|---|---|
| PLANTE MORAN | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $73,137 | $29,477 | $43,660 | — | — |
| 2023 | $53,829 | $9,638 | $44,191 | — | — |
| 2022 | $40,415 | — | $40,415 | — | — |