Plan Snapshot
- Plan Sponsor: Thielsch Engineering, INC.
- Sponsor EIN: 050405629
- Sponsor Address: 195 FRANCES AVE, CRANSTON, RI, 02910
- Plan Type: 401(k)
- Total Participants: 622
- Total Assets: $65.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 622 | $65.2M | $1.1M | $3.3M |
| 2023 | 584 | $63.9M | $1.9M | $3.0M |
| 2022 | 505 | $53.6M | $1.6M | $2.8M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $95,524 | — | $95,524 |
| THE WATERFORD GROUP | NONE | $37,101 | — | $37,101 |
| CAPITAL WEALTH MANAGEMENT, LLC | NONE | $25,430 | — | $25,430 |
| KAHN, LITWIN, RENZA & CO., LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $158,055
- Estimated Expense Ratio: 0.243% 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 | $156,891 | — | — | — | — |
| 2023 | $113,848 | — | — | — | — |
| 2022 | $111,718 | — | — | — | — |