Plan Snapshot
- Plan Sponsor: Priority Plastics INC.
- Sponsor EIN: 263348057
- Sponsor Address: 500 INDUSTRIAL PARK DRIVE, PORTLAND, IN, 47371
- Plan Type: 401(k)
- Total Participants: 205
- Total Assets: $8.2M
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 | 205 | $8.2M | $195,382 | $635,592 |
| 2023 | 220 | $7.0M | $210,224 | $678,143 |
| 2022 | 225 | $6.4M | $228,975 | $674,053 |
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 |
|---|---|---|---|---|
| LOPATA FLEGEL & COMPANY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LOPATA FLEGEL & COMPANY LLP — 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 | $22,972 | $19,163 | $3,809 | — | — |
| 2023 | $20,063 | $17,206 | $2,857 | — | — |
| 2022 | $19,550 | $17,501 | $2,049 | — | — |