Plan Snapshot
- Plan Sponsor: Thorson Baker & Associates, INC.
- Sponsor EIN: 341739418
- Sponsor Address: 3030 WEST STREETSBORO ROAD, RICHFIELD, OH, 442869632
- Plan Type: 401(k)
- Total Participants: 113
- Total Assets: $24.8M
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 | 113 | $24.8M | $236,590 | $925,236 |
| 2023 | 118 | $22.6M | $459,069 | $878,016 |
| 2022 | 140 | $18.1M | $304,718 | $909,543 |
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 |
|---|---|---|---|---|
| BARNES WENDLING CPAS, INC | Auditor | — | — | $0 |
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 | $12,610 | $10,000 | — | — | — |
| 2023 | $12,268 | $10,000 | — | — | — |
| 2022 | $12,023 | — | — | — | — |