Plan Snapshot
- Plan Sponsor: The Burt Manufacturing Company
- Sponsor EIN: 341500040
- Sponsor Address: 44 E SOUTH STREET A, AKRON, OH, 44311
- Plan Type: DB
- Plan Number: 001
- Total Participants: 21
- Total Assets: $428,542
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 | 21 | $428,542 | $38,777 | $0 |
| 2023 | 23 | $418,599 | $38,786 | $0 |
| 2022 | 20 | $390,669 | $92,216 | $0 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $6,263 | — | $6,263 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,263
- Estimated Expense Ratio: 1.461% 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 | $43,867 | — | — | — | — |
| 2023 | $22,467 | — | — | — | — |
| 2022 | $107,533 | — | — | — | — |