Plan Snapshot
- Plan Sponsor: Pro-Pak Industries 401(K) Plan
- Sponsor EIN: 340904826
- Sponsor Address: P.O. BOX 1176, MAUMEE, OH, 43537
- Plan Type: 401(k)
- Total Participants: 171
- Total Assets: $9.5M
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. |
|---|---|---|---|---|
| 2024 | 171 | $9.5M | $214,220 | $681,623 |
| 2023 | 182 | $8.2M | $194,520 | $609,344 |
| 2022 | 183 | $7.6M | $175,677 | $559,815 |
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 |
|---|---|---|---|---|
| MIRA + KOLENA LTD | Auditor | $13,650 | — | $13,650 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,650
- Estimated Expense Ratio: 0.143% 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 | $38,924 | $22,305 | $2,969 | $13,650 | — |
| 2023 | $36,865 | $20,311 | $3,154 | $13,400 | — |
| 2022 | $37,890 | $22,180 | $2,660 | — | $13,050 |