Plan Snapshot
- Plan Sponsor: Preformed Line Products Company
- Sponsor EIN: 340676895
- Sponsor Address: 660 BETA DRIVE, MAYFIELD VILLAGE, OH, 441432398
- Plan Type: 401(k)
- Total Participants: 916
- Total Assets: $143.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 916 | $143.2M | $5.6M | $4.0M |
| 2023 | 959 | $128.0M | $5.5M | $4.3M |
| 2022 | 1,000 | $105.0M | $5.1M | $3.7M |
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 |
|---|---|---|---|---|
| MALONEY & NOVOTNY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MALONEY & NOVOTNY, LLC — Auditor
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 | $170,054 | $59,969 | — | — | — |
| 2023 | $160,444 | $59,968 | — | — | — |
| 2022 | $222,935 | — | — | — | — |