Plan Snapshot
- Plan Sponsor: Bakelite LLC
- Sponsor EIN: 831686340
- Sponsor Address: 1040 CROWN POINTE PKWY, ATLANTA, GA, 30338
- Plan Type: 401(k)
- Total Participants: 624
- Total Assets: $81.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 624 | $81.2M | $5.0M | $6.5M |
| 2023 | 596 | $70.7M | $5.5M | $6.1M |
| 2022 | 618 | $59.0M | $3.1M | $4.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $77,995 | — | $77,995 |
| GALLAGHER FIDUCIARY ADVISORS LLC | ADVISOR | $50,000 | — | $50,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $31,042 | — | $31,042 |
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- GALLAGHER FIDUCIARY ADVISORS LLC — ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $159,037
- Estimated Expense Ratio: 0.196% 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 | $158,987 | $81,042 | $300 | — | — |
| 2023 | $139,699 | $74,700 | — | — | — |
| 2022 | $110,010 | $7,834 | — | — | — |