Plan Snapshot
- Plan Sponsor: Roechling Industrial Cleveland
- Sponsor EIN: 261715912
- Sponsor Address: 4321 GLENRIDGE ROAD, CLEVELAND, OH, 44121
- Plan Type: 401(k)
- Total Participants: 179
- Total Assets: $17.3M
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 | 179 | $17.3M | $326,620 | $925,178 |
| 2023 | 169 | $14.8M | $295,064 | $811,803 |
| 2022 | 147 | $12.8M | $282,567 | $712,436 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $61,268 | — | $61,268 |
| EDWARD JONES | INVESTMENT ADVISORY | — | $30,538 | $30,538 |
| ASCENSUS | CONTRACT ADMINISTRATOR | $5,268 | $7,029 | $12,297 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASCENSUS — CONTRACT ADMINISTRATOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $104,103
- Estimated Expense Ratio: 0.600% 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 | $65,944 | — | $65,944 | — | — |
| 2023 | $52,482 | — | $52,482 | — | — |
| 2022 | $54,123 | — | $54,123 | — | — |