Plan Snapshot
- Plan Sponsor: Ohio Valley Electrical Services, INC.
- Sponsor EIN: 010706901
- Sponsor Address: 4585 CORNELL ROAD, BLUE ASH, OH, 452412439
- Plan Type: 401(k)
- Total Participants: 155
- Total Assets: $14.9M
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 | 155 | $14.9M | $217,857 | $641,954 |
| 2023 | 164 | $13.0M | $230,804 | $618,088 |
| 2022 | 147 | $11.4M | $227,288 | $597,362 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL LLC | Investment Advisor | — | $34,775 | $34,775 |
| PROACCOUNT | Investment Advisor | $20,989 | — | $20,989 |
| NATIONWIDE | Recordkeeper | $17,923 | — | $17,923 |
| IRON FIDUCIARY | Other Service Provider | $8,531 | — | $8,531 |
| BLUE RIDGE ESOP ASSOCIATES | Recordkeeper | $2,125 | $3,935 | $6,060 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL LLC — Investment Advisor
- PROACCOUNT — Investment Advisor
- NATIONWIDE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,278
- Estimated Expense Ratio: 0.591% 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 | $33,594 | — | $33,594 | — | — |
| 2023 | $76,052 | $28,732 | $47,320 | — | — |
| 2022 | $70,616 | $68,303 | $2,313 | — | — |