Plan Snapshot
- Plan Sponsor: The Albert M. Higley Co., LLC
- Sponsor EIN: 270657807
- Sponsor Address: 3636 EUCLID AVE, CLEVELAND, OH, 44115
- Plan Type: 401(k)
- Total Participants: 139
- Total Assets: $17.6M
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 | 139 | $17.6M | $379,733 | $1.2M |
| 2023 | 128 | $19.4M | $384,240 | $1.1M |
| 2022 | 129 | $18.3M | $337,828 | $1.0M |
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 |
|---|---|---|---|---|
| MEADEN & MOORE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEADEN & MOORE — Auditor
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 | $54,923 | $46,472 | — | — | — |
| 2023 | $54,959 | $47,764 | — | — | — |
| 2022 | $68,385 | $59,928 | $8,457 | — | — |