Plan Snapshot
- Plan Sponsor: Slidematic Precision Components, INC.
- Sponsor EIN: 362421303
- Sponsor Address: 1303 SAMUELSON ROAD, ROCKFORD, IL, 61109
- Plan Type: 401(k)
- Total Participants: 272
- Total Assets: $21.4M
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 | 272 | $21.4M | $562,209 | $1.1M |
| 2023 | 272 | $18.3M | $540,063 | $989,186 |
| 2022 | 263 | $15.0M | $504,063 | $987,750 |
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 |
|---|---|---|---|---|
| ERISA INC | SERVICE PROVIDER | $4,115 | $10,143 | $14,258 |
| JOHN HANCOCK LIFE INSURANCE | RECORDKEEPER | $5,080 | — | $5,080 |
| DHJJ, LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,338
- Estimated Expense Ratio: 0.091% 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 | $93,284 | $78,239 | $10,930 | — | — |
| 2023 | $83,681 | $3,245 | $77,836 | — | — |
| 2022 | $81,756 | $2,905 | $75,436 | — | $3,415 |