Plan Snapshot
- Plan Sponsor: Superior Metal Products, INC. Dba American Trim
- Sponsor EIN: 344476715
- Sponsor Address: 1005 WEST GRAND AVENUE, LIMA, OH, 45801
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 624
- Total Assets: $49,496
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 | 624 | $49,496 | $3.5M | $1.8M |
| 2023 | 559 | $53,181 | $2.7M | $1.8M |
| 2022 | 523 | $53,724 | $2.5M | $1.7M |
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 |
|---|---|---|---|---|
| UMR, INC. | Other Service Provider | $184,577 | $1,684 | $186,261 |
| HORAN ASSOCIATES, INC. | Investment Advisor | $34,031 | $2,011 | $36,042 |
| DELTA DENTAL OF OHIO | Recordkeeper | $15,137 | — | $15,137 |
| AETNA BEHAVIORAL HEALTH, LLC | Recordkeeper | $8,792 | — | $8,792 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $246,232
- Estimated Expense Ratio: 497.479% 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 | $589,278 | — | $246,232 | — | — |
| 2023 | $472,217 | — | $167,051 | — | — |
| 2022 | $496,697 | — | — | — | $496,697 |