Plan Snapshot
- Plan Sponsor: Peoria Production Shop
- Sponsor EIN: 370716125
- Sponsor Address: 2029 W TOWNLINE RD., PEORIA, IL, 61615
- Plan Type: 401(k)
- Total Participants: 236
- Total Assets: $6.1M
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 | 236 | $6.1M | $474,679 | $152,989 |
| 2023 | 258 | $5.6M | $194,278 | $226,081 |
| 2022 | 305 | $4.7M | $716,326 | $161,780 |
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 |
|---|---|---|---|---|
| SMITH & HOWARD, P.C. | 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 | $39,200 | $1,197 | — | — | — |
| 2023 | $28,590 | — | — | — | — |
| 2022 | $38,883 | — | — | — | $38,883 |