Plan Snapshot
- Plan Sponsor: The Anderson-Dubose Company
- Sponsor EIN: 341690243
- Sponsor Address: 5300 TOD AVENUE SW, LORDSTOWN, OH, 44481
- Plan Type: 401(k)
- Total Participants: 253
- Total Assets: $23.3M
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 | 253 | $23.3M | $606,982 | $1.1M |
| 2023 | 220 | $19.0M | $987,962 | $886,464 |
| 2022 | 218 | $17.9M | $860,907 | $787,570 |
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 |
|---|---|---|---|---|
| CORRIGAN KRAUSE | Auditor | $16,500 | — | $16,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,500
- Estimated Expense Ratio: 0.071% 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 | $85,614 | $49,155 | — | $16,500 | — |
| 2023 | $87,292 | $54,286 | $16,466 | $16,540 | — |
| 2022 | $30,276 | $8,678 | $11,648 | — | $9,950 |