Plan Snapshot
- Plan Sponsor: Pro Mach, INC.
- Sponsor EIN: 582402604
- Sponsor Address: 50 EAST RIVERCENTER BLVD SUITE 1800, COVINGTON, KY, 41011
- Plan Type: 401(k)
- Total Participants: 3,456
- Total Assets: $485.8M
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 | 3,456 | $485.8M | $12.3M | $25.7M |
| 2023 | 3,209 | $384.3M | $11.0M | $23.5M |
| 2022 | 3,173 | $327.9M | $10.4M | $21.9M |
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 |
|---|---|---|---|---|
| JANNEY MONTGOMERY SCOTT LLC DBA | INVESTMENT ADVISOR | $350,121 | — | $350,121 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $340,354 | — | $340,354 |
| BARNES DENNIG & CO LTD | AUDITOR | $14,500 | — | $14,500 |
| BARNES DENNIG & CO. | Auditor | $14,500 | — | $14,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BARNES DENNIG & CO. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $719,475
- Estimated Expense Ratio: 0.148% 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 | $706,775 | $350,121 | — | $14,500 | — |
| 2023 | $613,321 | $276,658 | — | $15,000 | — |
| 2022 | $411,400 | — | $411,400 | — | — |