Plan Snapshot
- Plan Sponsor: Wayne Metals, LLC
- Sponsor EIN: 352129195
- Sponsor Address: 400 E.LOGAN STREET, MARKLE, IN, 46770
- Plan Type: 401(k)
- Total Participants: 145
- Total Assets: $3.6M
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 | 145 | $3.6M | $172,528 | $272,597 |
| 2023 | 146 | $3.1M | $169,185 | $275,506 |
| 2022 | 146 | $2.5M | $10,758 | $186,313 |
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 |
|---|---|---|---|---|
| BADEN GAGE & SCHROEDER LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BADEN GAGE & SCHROEDER LLC — Auditor
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 | $15,187 | $5,940 | $9,247 | — | — |
| 2023 | $8,566 | $4 | $8,562 | — | — |
| 2022 | $5,610 | — | $5,610 | — | — |