# Polamer Precision INC 401(k) Plan
Source: https://planprovider.pro/companies/polamer-precision-inc-401k-plan

> Polamer Precision INC's 401(k) plan: 197 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Polamer Precision INC

- **Sponsor EIN:** 061497200

- **Sponsor Address:** 105 ALTON BROOKS WAY, NEW BRITAIN, CT, 060533359

- **Plan Type:** 401(k)

- **Total Participants:** 197

- **Total Assets:** $8.9M

## 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|197|$8.9M|$460,737|$728,951|

| 2023|174|$7.2M|$91,987|$597,073|

| 2022|156|$6.5M|$21,881|$141,434|

## 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|

| CBIZ CPAS 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|$39,774|$20,465|$18,449|—|—|

| 2023|$24,162|$7,063|$16,239|—|—|

| 2022|$102|—|$102|—|—|

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