Plan Snapshot
- Plan Sponsor: Prospect Mold And Die Company
- Sponsor EIN: 340687173
- Sponsor Address: 1100 MAIN STREET, CUYAHOGA FALLS, OH, 44221
- Plan Type: 401(k)
- Total Participants: 125
- Total Assets: $12.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 125 | $12.9M | $89,750 | $702,291 |
| 2023 | 116 | $11.9M | $84,357 | $655,660 |
| 2022 | 113 | $11.9M | $83,133 | $638,206 |
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 |
|---|---|---|---|---|
| IFP ADVISORS INC DBA INDEPENDENT FI | INVESTMENT ADVISOR | $31,170 | — | $31,170 |
| WINBRIDGE SBF LTD. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,170
- Estimated Expense Ratio: 0.241% 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 | $44,425 | $31,170 | — | — | — |
| 2023 | $30,273 | $30,273 | — | — | — |
| 2022 | $30,812 | $30,812 | — | — | — |