Plan Snapshot
- Plan Sponsor: Quality Electrodynamics, LLC
- Sponsor EIN: 113751366
- Sponsor Address: 6655 BETA DRIVE SUITE 100, MAYFIELD VILLAGE, OH, 44143
- Plan Type: 401(k)
- Total Participants: 136
- Total Assets: $14.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 136 | $14.7M | $200,335 | $1.0M |
| 2023 | 140 | $13.5M | $212,200 | $1.0M |
| 2022 | 155 | $11.0M | $227,858 | $1.0M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $72,824 | $2,905 | $68,375 | — | — |
| 2023 | $65,172 | — | $65,172 | — | — |
| 2022 | $41,584 | $1,451 | $38,606 | — | — |