Plan Snapshot
- Plan Sponsor: Temeg Holdings, INC.
- Sponsor EIN: 273454290
- Sponsor Address: P.O. BOX 429, HUDSON, OH, 442360429
- Plan Type: 401(k)
- Total Participants: 342
- Total Assets: $12.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 342 | $12.1M | $184,830 | $1.2M |
| 2023 | 313 | $9.6M | $164,597 | $1.0M |
| 2022 | 300 | $7.3M | $76,020 | $851,194 |
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 |
|---|---|---|---|---|
| VALMARK ADVISERS, INC. | INVESTMENT ADVISOR | — | $22,179 | $22,179 |
| CBIZ CPA'S P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,179
- Estimated Expense Ratio: 0.183% 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 | $66,992 | $22,179 | $44,813 | — | — |
| 2023 | $51,053 | $16,632 | $34,421 | — | — |
| 2022 | $43,073 | $4,680 | $38,393 | — | — |