Plan Snapshot
- Plan Sponsor: Prc-Saltillo
- Sponsor EIN: 341174227
- Sponsor Address: 1022 HEYL ROAD, WOOSTER, OH, 446919786
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 371
- Total Assets: $29.5M
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. |
|---|---|---|---|---|
| 2025 | 371 | $29.5M | $0 | $0 |
| 2024 | 298 | $28.7M | $603,368 | $1.9M |
| 2023 | 282 | $24.7M | $539,731 | $1.7M |
| 2022 | 236 | $21.0M | $436,804 | $1.4M |
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 | Recordkeeper | $92,015 | — | $92,015 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | — | $59,024 | $59,024 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $151,039
- Estimated Expense Ratio: 0.513% 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 |
|---|---|---|---|---|---|
| 2025 | $7,186,946 | — | $92,015 | — | — |
| 2024 | $91,003 | — | $91,003 | — | — |
| 2023 | $79,294 | — | $79,294 | — | — |
| 2022 | $75,459 | — | $75,459 | — | — |