Plan Snapshot
- Plan Sponsor: Parker Trutec Incorporated
- Sponsor EIN: 953508812
- Sponsor Address: 4700 GATEWAY BLVD, SPRINGFIELD, OH, 45502
- Plan Type: 401(k)
- Total Participants: 294
- Total Assets: $15.3M
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 | 294 | $15.3M | $387,334 | $657,399 |
| 2023 | 144 | $10.8M | $246,227 | $414,042 |
| 2022 | 155 | $9.5M | $273,528 | $447,066 |
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 |
|---|---|---|---|---|
| CLARK SCHAEFER HACKETT CPAS & ADV | Auditor | — | — | $0 |
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 | $77,395 | $37,812 | $14,175 | — | — |
| 2023 | $57,360 | — | $11,318 | — | — |
| 2022 | $66,965 | — | $36,762 | — | $30,203 |