# Specification Rubber Products, INC. DB Plan
Source: https://planprovider.pro/companies/specification-rubber-products-inc-plan-002

> Specification Rubber Products, INC.&#39;s DB plan: 14 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Specification Rubber Products, INC.

- **Sponsor EIN:** 630512651

- **Sponsor Address:** P.O. BOX 2727, BIRMINGHAM, AL, 35202

- **Plan Type:** DB

- **Total Participants:** 14

- **Total Assets:** $4.6M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|14|$4.6M|$164,000|$0|

| 2023|14|$4.8M|$205,000|$0|

| 2022|14|$4.7M|$14,000|$0|

## 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|

| WARREN AVERETT, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [WARREN AVERETT, LLC](https://planprovider.pro/provider/warren-averett-llc) — Auditor

## 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|$100,528|—|—|—|—|

| 2023|$124,231|—|—|—|—|

| 2022|$91,779|—|—|—|—|

## Similar Plans

- [Specification Rubber Products, INC.](https://planprovider.pro/companies/specification-rubber-products-inc-plan-001) — 4 participants

- [Valley Rubber, LLC](https://planprovider.pro/companies/valley-rubber-llc-401k-plan) — 147 participants

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