Plan Snapshot
- Plan Sponsor: Northwestern Plastics, Ltd. Dba Industrial Services Corp.
- Sponsor EIN: 421193589
- Sponsor Address: 1731 N. ROOSEVELT AVENUE, BURLINGTON, IA, 52601
- Plan Type: 401(k)
- Total Participants: 143
- Total Assets: $4.6M
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 | 143 | $4.6M | $141,708 | $379,825 |
| 2023 | 205 | $4.0M | $135,433 | $375,645 |
| 2022 | 232 | $2.9M | $115,025 | $320,876 |
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 |
|---|---|---|---|---|
| TRANSAMERICA LIFE INSURANCE COMPANY | Recordkeeper | $35,586 | — | $35,586 |
| BEACON CAPITAL LLC | Investment Advisor | $13,532 | — | $13,532 |
| PARADIGM BENEFITS, LLC | Recordkeeper | $6,248 | — | $6,248 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA LIFE INSURANCE COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,366
- Estimated Expense Ratio: 1.193% 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 | $56,109 | — | $56,109 | — | — |
| 2023 | $42,571 | — | $42,571 | — | — |
| 2022 | $34,895 | — | — | — | — |