# Ramco Electric Motors, INC. 401(k) Plan
Source: https://planprovider.pro/companies/ramco-electric-motors-inc-401k-plan

> Ramco Electric Motors, INC.&#39;s 401(k) plan: 1 participants, plan year 2023 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2023.

## Plan Snapshot

- **Plan Sponsor:** Ramco Electric Motors, INC.

- **Sponsor EIN:** 311192112

- **Sponsor Address:** 5763 JAYSVILLE-ST. JOHNS ROAD, GREENVILLE, OH, 45331

- **Plan Type:** 401(k)

- **Total Participants:** 1

- **Total Assets:** $58,362

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|1|$58,362|$0|$0|

| 2022|0|$0|$18,419|$80,167|

## 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|

| CLARK, SCHAEFER, HACKETT & CO.|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|

| 2023|$850|—|—|—|—|

| 2022|$850|—|—|—|—|

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