Plan Snapshot
- Plan Sponsor: Indel Power Group
- Sponsor EIN: 540641602
- Sponsor Address: PO BOX 7788, PORTSMOUTH, VA, 23703
- Plan Type: 401(k)
- Total Participants: 621
- Total Assets: $58.2M
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 | 621 | $58.2M | $1.4M | $3.0M |
| 2023 | 598 | $52.4M | $1.7M | $2.9M |
| 2022 | 307 | $24.4M | $320,855 | $1.1M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — 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 | $23,369 | $18,094 | — | — | — |
| 2023 | $24,229 | $20,923 | — | — | — |
| 2022 | $14,676 | $12,976 | — | — | — |