Plan Snapshot
- Plan Sponsor: Polymer Additives, INC.
- Sponsor EIN: 472334051
- Sponsor Address: 7500 EAST PLEASANT VALLEY ROAD, INDEPENDENCE, OH, 44131
- Plan Type: 401(k)
- Total Participants: 293
- Total Assets: $34.0M
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 | 293 | $34.0M | $1.2M | $2.3M |
| 2023 | 257 | $31.2M | $1.2M | $2.3M |
| 2022 | 279 | $26.0M | $1.7M | $2.3M |
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 |
|---|---|---|---|---|
| CROWE, LLP | 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 | $141,485 | $78,599 | — | — | — |
| 2023 | $118,871 | $67,309 | — | — | — |
| 2022 | $123,493 | $70,302 | $53,191 | — | — |