Plan Snapshot
- Plan Sponsor: Ort Tool & Die Corporation
- Sponsor EIN: 381655920
- Sponsor Address: 6555 SOUTH DIXIE HIGHWAY, ERIE, MI, 48133
- Plan Type: 401(k)
- Total Participants: 99
- Total Assets: $20.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 99 | $20.8M | $446,430 | $680,549 |
| 2023 | 116 | $17.9M | $775,906 | $701,226 |
| 2022 | 110 | $14.1M | $707,585 | $619,887 |
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 |
|---|---|---|---|---|
| KMG FIDUCIARY PARTNERS, LLC | Investment Advisor | $39,731 | — | $39,731 |
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $7,274 | — | $7,274 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,005
- Estimated Expense Ratio: 0.225% 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 | $47,243 | $39,969 | — | — | — |
| 2023 | $36,060 | $23 | — | — | — |
| 2022 | $45,126 | $33,091 | — | — | — |