Plan Snapshot
- Plan Sponsor: Old Dominion Insulation, INC.
- Sponsor EIN: 541166463
- Sponsor Address: 12764 OAK LAKE COURT, MIDLOTHIAN, VA, 23112
- Plan Type: 401(k)
- Total Participants: 823
- Total Assets: $12.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 823 | $12.9M | $506,324 | $885,120 |
| 2023 | 816 | $10.3M | $396,693 | $779,320 |
| 2022 | 673 | $8.0M | $349,079 | $679,043 |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | Recordkeeper | $28,193 | — | $28,193 |
| MIDATLANTIC CAPITAL MANAGEMENT, INC | Investment Advisor | $23,106 | — | $23,106 |
| NEWPORT TRUST COMPANY | Custodian / Trustee | $12,054 | — | $12,054 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,353
- Estimated Expense Ratio: 0.489% 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 | $63,353 | $23,106 | $26,335 | — | — |
| 2023 | $57,647 | $17,433 | $27,948 | — | — |
| 2022 | $55,891 | $16,772 | $30,369 | — | $8,750 |