Plan Snapshot
- Plan Sponsor: Psi Molded Plastics Holdings, INC.
- Sponsor EIN: 823327487
- Sponsor Address: 3615 VOORDE DRIVE CITY, SOUTH BEND, IN, 46628
- Plan Type: 401(k)
- Total Participants: 408
- Total Assets: $5.7M
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. |
|---|---|---|---|---|
| 2023 | 408 | $5.7M | $162,546 | $381,771 |
| 2022 | 444 | $4.9M | $158,193 | $384,303 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS, | RECORDKEEPER | $33,848 | — | $33,848 |
| BANK OF AMERICA NA | INVESTMENT ADVISORY- PLAN | $24,894 | — | $24,894 |
| BKC, CPAS, PC | Auditor | $12,447 | — | $12,447 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS, — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,189
- Estimated Expense Ratio: 1.260% 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 |
|---|---|---|---|---|---|
| 2023 | $32,130 | $2,759 | — | $12,447 | — |
| 2022 | $27,864 | — | — | — | — |