Plan Snapshot
- Plan Sponsor: Roland Machinery Company
- Sponsor EIN: 371324032
- Sponsor Address: 816 N. DIRKSEN PARKWAY, SPRINGFIELD, IL, 627026115
- Plan Type: 401(k)
- Total Participants: 314
- Total Assets: $46.3M
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 | 314 | $46.3M | $1.7M | $2.0M |
| 2023 | 313 | $40.4M | $1.5M | $1.9M |
| 2022 | 298 | $33.4M | $1.5M | $1.8M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $69,226 | — | $69,226 |
| SIKICH CPA LLC | ACCOUNTANT | $20,900 | — | $20,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIKICH CPA LLC — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,126
- Estimated Expense Ratio: 0.195% 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 | $90,676 | $550 | — | $20,900 | — |
| 2023 | $77,631 | — | — | $19,750 | — |
| 2022 | $75,058 | — | — | — | — |