Plan Snapshot
- Plan Sponsor: Star Manufacturing, LLC
- Sponsor EIN: 813689382
- Sponsor Address: 1775 LOGAN AVENUE, YOUNGSTOWN, OH, 445010599
- Plan Type: 401(k)
- Total Participants: 145
- Total Assets: $13.2M
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 | 145 | $13.2M | $496,413 | $512,701 |
| 2023 | 173 | $13.1M | $497,600 | $655,200 |
| 2022 | 166 | $12.0M | $509,552 | $676,843 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $57,423 | — | $57,423 |
| USI SECURITIES INC | Investment Advisor | $8,352 | — | $8,352 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,775
- Estimated Expense Ratio: 0.498% 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 | $66,443 | $9,020 | — | — | — |
| 2023 | $93,470 | — | — | — | — |
| 2022 | $94,586 | $83,344 | $11,242 | — | — |