Plan Snapshot
- Plan Sponsor: Ranor, INC.
- Sponsor EIN: 270017112
- Sponsor Address: 1 BELLA DRIVE, WESTMINSTER, MA, 01473
- Plan Type: 401(k)
- Total Participants: 76
- Total Assets: $8.6M
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. |
|---|---|---|---|---|
| 2024 | 76 | $8.6M | $85,356 | $547,897 |
| 2023 | 79 | $7.7M | $85,499 | $567,311 |
| 2022 | 82 | $6.7M | $87,504 | $569,078 |
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 |
|---|---|---|---|---|
| TABRIZTCHI & CO. CPA PC | 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 | $21,525 | $18,900 | — | — | — |
| 2023 | $20,129 | $17,654 | — | — | — |
| 2022 | $18,639 | — | — | — | — |