Plan Snapshot
- Plan Sponsor: Ohio Technical College, INC.
- Sponsor EIN: 341056491
- Sponsor Address: 1374 EAST 51ST STREET, CLEVELAND, OH, 44103
- Plan Type: 401(k)
- Total Participants: 57
- Total Assets: $1.1M
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 | 57 | $1.1M | $21,785 | $105,038 |
| 2023 | 60 | $1.1M | $21,281 | $107,932 |
| 2022 | 70 | $925,134 | $26,409 | $151,539 |
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 |
|---|---|---|---|---|
| JAY GELBEIN CPA | 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 | $195,506 | — | $225 | — | — |
| 2023 | $107,564 | — | $281 | — | — |
| 2022 | $357 | — | — | — | — |