Plan Snapshot
- Plan Sponsor: Plastikon Industries, INC.
- Sponsor EIN: 942582387
- Sponsor Address: 687 SANDOVAL WAY, HAYWARD, CA, 94544
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $6.1M
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 | 221 | $6.1M | $290,816 | $408,916 |
| 2023 | 381 | $11.1M | $294,805 | $1.1M |
| 2022 | 1,300 | $10.0M | $294,204 | $1.1M |
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 |
|---|---|---|---|---|
| PENSION ASSURANCE, LLP | Auditor | $13,750 | — | $13,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,750
- 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 | $84,346 | $44,107 | — | $13,750 | — |
| 2023 | $86,024 | $46,764 | — | $12,375 | — |
| 2022 | $84,082 | $45,091 | $27,741 | — | $11,250 |