Plan Snapshot
- Plan Sponsor: Synthomer INC.
- Sponsor EIN: 341897652
- Sponsor Address: 25435 HARVARD ROAD, BEACHWOOD, OH, 44122
- Plan Type: 401(k)
- Total Participants: 789
- Total Assets: $163.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 789 | $163.3M | $4.0M | $8.6M |
| 2023 | 828 | $153.3M | $6.2M | $9.1M |
| 2022 | 1,397 | $147.0M | $4.4M | $11.1M |
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 |
|---|---|---|---|---|
| MEADEN & MOORE, LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEADEN & MOORE, LTD — Auditor
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 | $87,659 | $50,261 | — | — | — |
| 2023 | $141,480 | $66,267 | — | — | — |
| 2022 | $100,765 | $37,954 | — | — | — |