Plan Snapshot
- Plan Sponsor: Akers Packaging Service, INC.
- Sponsor EIN: 310671096
- Sponsor Address: 2820 LEFFERSON RD, MIDDLETOWN, OH, 45044
- Plan Type: 401(k)
- Total Participants: 531
- Total Assets: $48.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 531 | $48.3M | $1.2M | $2.5M |
| 2023 | 496 | $41.5M | $942,707 | $2.2M |
| 2022 | 204 | $26.4M | $581,087 | $1.2M |
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 |
|---|---|---|---|---|
| CLARK SCHAEFER HACKETT | 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 | $29,988 | — | — | — | — |
| 2023 | $27,797 | — | — | — | — |
| 2022 | $26,484 | — | — | — | — |