Plan Snapshot
- Plan Sponsor: Piolax Corporation
- Sponsor EIN: 581803109
- Sponsor Address: 139 ETOWAH INDUSTRIAL COURT, CANTON, GA, 30114
- Plan Type: 401(k)
- Total Participants: 230
- Total Assets: $15.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 230 | $15.6M | $233,794 | $922,692 |
| 2023 | 237 | $14.1M | $214,080 | $823,517 |
| 2022 | 221 | $13.4M | $209,078 | $784,800 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | RECORDKEEPER | $34,507 | — | $34,507 |
| UBS FINANCIAL SERVICES INC | INVESTMENT ADVISOR | $34,240 | — | $34,240 |
| LONG & ASSOCIATES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RECORDKEEPER
- LONG & ASSOCIATES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,747
- Estimated Expense Ratio: 0.440% 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 | $68,747 | $34,697 | $34,050 | — | — |
| 2023 | $13,466 | $269 | $13,197 | — | — |
| 2022 | $16,001 | — | $15,750 | — | — |