Plan Snapshot
- Plan Sponsor: Ozinga Ready Mix Concrete, INC.
- Sponsor EIN: 263757838
- Sponsor Address: 19001 OLD LAGRANGE ROAD, MOKENA, IL, 60448
- Plan Type: DC
- Total Participants: 724
- Total Assets: $23.1M
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 | 724 | $23.1M | $0 | $4.2M |
| 2023 | 698 | $19.0M | $0 | $3.7M |
| 2022 | 664 | $14.7M | $0 | $3.5M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | INVESTMENT ADVISOR | $39,341 | — | $39,341 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $17,555 | — | $17,555 |
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — INVESTMENT ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,896
- Estimated Expense Ratio: 0.246% 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 | $56,893 | $39,338 | $300 | — | — |
| 2023 | $42,110 | — | — | — | — |
| 2022 | $38,857 | — | — | — | — |