Plan Snapshot
- Plan Sponsor: Protomet Corporation
- Sponsor EIN: 621726859
- Sponsor Address: 2400 MAREMONT PKWY., LOUDON, TN, 37774
- Plan Type: 401(k)
- Total Participants: 217
- Total Assets: $6.7M
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 | 217 | $6.7M | $415,972 | $674,518 |
| 2023 | 204 | $5.0M | $375,018 | $592,930 |
| 2022 | 169 | $3.5M | $304,373 | $468,806 |
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 |
|---|---|---|---|---|
| T. ROWE PRICE | Recordkeeper | $37,084 | — | $37,084 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,084
- Estimated Expense Ratio: 0.553% 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 | $37,084 | — | $37,084 | — | — |
| 2023 | $24,877 | — | $24,877 | — | — |
| 2022 | $18,848 | — | $18,848 | — | — |