Plan Snapshot
- Plan Sponsor: Salvagnini America, INC.
- Sponsor EIN: 061132897
- Sponsor Address: 27 BICENTENNIAL CT, HAMILTON, OH, 450151382
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $15.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 150 | $15.2M | $387,523 | $977,572 |
| 2023 | 131 | $13.2M | $363,094 | $878,795 |
| 2022 | 112 | $11.4M | $326,089 | $771,900 |
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 |
|---|---|---|---|---|---|
| 2024 | $2,847 | — | — | — | — |
| 2023 | $1,933 | — | — | — | — |
| 2022 | $20,125 | — | — | — | — |