Plan Snapshot
- Plan Sponsor: Vaughn Industries, LLC
- Sponsor EIN: 364381623
- Sponsor Address: 1201 EAST FINDLAY ST., CAREY, OH, 43316
- Plan Type: 401(k)
- Total Participants: 773
- Total Assets: $87.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 773 | $87.5M | $5.4M | $4.4M |
| 2023 | 703 | $74.5M | $5.2M | $3.9M |
| 2022 | 679 | $59.8M | $4.0M | $3.6M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $214,271 | $108 | $214,379 |
| COMMONWEALTH EQUITY SERVICES | SERVICE PROVIDER | — | $89,363 | $89,363 |
| BHM CPA GROUP, INC | AUDITOR | $13,100 | — | $13,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH EQUITY SERVICES — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $316,842
- Estimated Expense Ratio: 0.362% 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 | $227,788 | — | $207,414 | — | — |
| 2023 | $193,685 | — | $176,979 | — | — |
| 2022 | $215,481 | — | — | — | — |