# Presrite Corporation 401(k) Plan
Source: https://planprovider.pro/companies/presrite-corporation-401k-plan

> Presrite Corporation's 401(k) plan: 350 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Presrite Corporation

- **Sponsor EIN:** 341292480

- **Sponsor Address:** 3665 EAST 78TH STREET, CLEVELAND, OH, 44105

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

- **Total Participants:** 350

- **Total Assets:** $30.3M

## 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|350|$30.3M|$202,304|$2.1M|

| 2023|419|$35.0M|$780,662|$2.5M|

| 2022|455|$31.2M|$744,068|$2.4M|

## 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|

| TRANSAMERICA RETIREMENT SOLUTIONS|RECORD KEEPER|$110,555|—|$110,555|

| LINEWEAVER WEALTH ADVISORS LLC|INVESTMENT ADVISORY|$29,337|—|$29,337|

| CBIZ INVESTMENT ADVISORY SERVICES|RECORDKEEPER|$9,092|—|$9,092|

| MEADEN & MOORE, LTD.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [TRANSAMERICA RETIREMENT SOLUTIONS](https://planprovider.pro/provider/transamerica) — RECORD KEEPER

- [MEADEN & MOORE, LTD.](https://planprovider.pro/provider/meaden-and-moore-ltd) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $148,984

- **Estimated Expense Ratio:** 0.492% 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|$148,984|$38,429|—|—|—|

| 2023|$122,588|$34,083|—|—|—|

| 2022|$102,083|$45,616|—|—|—|

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