Plan Snapshot
- Plan Sponsor: Pmx Industries, INC.
- Sponsor EIN: 943105200
- Sponsor Address: 5300 WILLOW CREEK DR SW, CEDAR RAPIDS, IA, 524044303
- Plan Type: 401(k)
- Total Participants: 368
- Total Assets: $66.7M
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 | 368 | $66.7M | $1.6M | $2.8M |
| 2023 | 369 | $60.5M | $1.5M | $2.7M |
| 2022 | 386 | $54.9M | $1.5M | $2.7M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $147,460 | — | $147,460 |
| COMMONWEALTH FINANCIAL NETWORK | INVESTMENT ADVISORY | — | $68,521 | $68,521 |
| CLIFTON LARSEN ALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL NETWORK — INVESTMENT ADVISORY
- CLIFTON LARSEN ALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $215,981
- Estimated Expense Ratio: 0.324% 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 | $147,460 | — | $147,460 | — | — |
| 2023 | $129,641 | — | $129,641 | — | — |
| 2022 | $150,238 | — | $150,238 | — | — |