Plan Snapshot
- Plan Sponsor: Northwest Ohio Orthopedics And Sports Medicine, INC.
- Sponsor EIN: 341963354
- Sponsor Address: 7595 COUNTRY ROAD 236, FINDLAY, OH, 45840
- Plan Type: 401(k)
- Total Participants: 149
- Total Assets: $18.7M
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 | 149 | $18.7M | $368,871 | $699,777 |
| 2023 | 151 | $18.9M | $402,017 | $831,768 |
| 2022 | 144 | $16.3M | $378,058 | $762,178 |
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 |
|---|---|---|---|---|
| HARDY & HARDY CO, LLC | Investment Advisor | $41,324 | — | $41,324 |
| PENSION INNOVATIONS CONSULTING, LLC | Recordkeeper | $5,099 | $8,853 | $13,952 |
| EMPOWER ANNUITY INSURANCE OF AMERIC | Recordkeeper | $6,173 | — | $6,173 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,449
- Estimated Expense Ratio: 0.328% 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 | $11,212 | $11,212 | — | — | — |
| 2023 | $7,062 | $7,062 | — | — | — |
| 2022 | $7,006 | $7,006 | — | — | — |