Plan Snapshot
- Plan Sponsor: Calumet Electronics Corporation
- Sponsor EIN: 381856559
- Sponsor Address: 25830 DEPOT STREET, CALUMET, MI, 499131985
- Plan Type: 401(k)
- Total Participants: 264
- Total Assets: $8.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 264 | $8.5M | $85,871 | $711,222 |
| 2023 | 294 | $7.2M | $86,550 | $685,819 |
| 2022 | 273 | $5.5M | $76,620 | $566,433 |
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 INS & ANNUITY CO | SERVICE PROVIDER | $5,519 | $7,958 | $13,477 |
| RUKKILA, NEGRO, & ASSOCIATES | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,477
- Estimated Expense Ratio: 0.159% 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 | $20,245 | $7,813 | $4,010 | — | — |
| 2023 | $8,013 | $1,040 | $4,090 | — | — |
| 2022 | $16,244 | — | $16,244 | — | — |