Plan Snapshot
- Plan Sponsor: Profile Plan LLC
- Sponsor EIN: 874119852
- Sponsor Address: 3209 WEST SMITH VALLEY ROAD, GREENWOOD, IN, 46142
- Plan Type: 401(k)
- Total Participants: 7
- Total Assets: $4.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 7 | $4.7M | $45,652 | $380,953 |
| 2023 | 95 | $6.2M | $367,181 | $648,733 |
| 2022 | 194 | $2.9M | $226,466 | $320,574 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $29,446 | — | $29,446 |
| NFP RETIREMENT INC. | Investment Advisor | — | $14,913 | $14,913 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,359
- Estimated Expense Ratio: 0.944% 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 | $29,447 | — | $29,447 | — | — |
| 2023 | $26,150 | — | $26,150 | — | — |
| 2022 | $8,962 | — | $8,962 | — | — |