Plan Snapshot
- Plan Sponsor: Superior Forge & Steel Corporation
- Sponsor EIN: 341677189
- Sponsor Address: 1820 MCCLAIN ROAD, LIMA, OH, 45804
- Plan Type: 401(k)
- Total Participants: 197
- Total Assets: $27.4M
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 | 197 | $27.4M | $434,995 | $716,077 |
| 2023 | 190 | $25.0M | $415,076 | $697,223 |
| 2022 | 189 | $20.8M | $408,236 | $668,306 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $82,241 | $43 | $82,284 |
| PARK AVENUE INVESTMENT ADVISORY, LL | Recordkeeper | — | $52,702 | $52,702 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PARK AVENUE INVESTMENT ADVISORY, LL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $134,986
- Estimated Expense Ratio: 0.492% 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 | $82,241 | — | $81,641 | — | — |
| 2023 | $67,110 | — | $66,310 | — | — |
| 2022 | $90,883 | — | — | — | — |