Plan Snapshot
- Plan Sponsor: The Electric Motor Repair Co.
- Sponsor EIN: 520302945
- Sponsor Address: 9100 YELLOW BRICK RD STE H, ROSEDALE, MD, 21237
- Plan Type: 401(k)
- Total Participants: 199
- Total Assets: $17.4M
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 | 199 | $17.4M | $107,929 | $908,295 |
| 2023 | 185 | $14.9M | $89,833 | $752,126 |
| 2022 | 170 | $12.2M | $85,466 | $660,608 |
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 |
|---|---|---|---|---|
| ROBERT W BAIRD CO INCORPORATED | INVESTMENT/FINANCIAL ADVI | $30,557 | — | $30,557 |
| ADP, INC. | RECORD KEEPER | $6,916 | — | $6,916 |
| CITRIN COOPERMAN ADVISORS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,473
- Estimated Expense Ratio: 0.215% 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 | $37,475 | $30,558 | — | — | — |
| 2023 | $29,419 | $25,740 | — | — | — |
| 2022 | $31,496 | — | — | — | — |