Plan Snapshot
- Plan Sponsor: Techno-Coat, INC.
- Sponsor EIN: 382470471
- Sponsor Address: 861 EAST 40TH STREET, HOLLAND, MI, 49423
- Plan Type: 401(k)
- Total Participants: 99
- Total Assets: $6.0M
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 | 99 | $6.0M | $218,752 | $359,564 |
| 2023 | 94 | $6.8M | $236,348 | $339,007 |
| 2022 | 116 | $6.2M | $237,889 | $307,719 |
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 |
|---|---|---|---|---|
| BRINK, KEY & CHLUDZINKSKI, P.C. | Auditor | — | — | $0 |
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 | $49,976 | $35,274 | — | — | — |
| 2023 | $46,802 | $36,140 | — | — | — |
| 2022 | $46,210 | — | — | — | $46,210 |