Plan Snapshot
- Plan Sponsor: Trim-Rite, INC.
- Sponsor EIN: 363873555
- Sponsor Address: 801 COMMERCE PARKWAY, CARPENTERSVILLE, IL, 60110
- Plan Type: 401(k)
- Total Participants: 548
- Total Assets: $27.6M
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 | 548 | $27.6M | $439,303 | $878,129 |
| 2023 | 489 | $23.0M | $398,442 | $764,051 |
| 2022 | 460 | $19.8M | $700,715 | $774,027 |
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 |
|---|---|---|---|---|
| AMERIPRISE FINANCIAL SERVICES, INC. | BROKER DEALER | — | $43,248 | $43,248 |
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERIPRISE FINANCIAL SERVICES, INC. — BROKER DEALER
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,248
- Estimated Expense Ratio: 0.157% 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 | $83,519 | — | — | — | — |
| 2023 | $85,617 | — | — | — | — |
| 2022 | $67,596 | — | — | — | — |