Plan Snapshot
- Plan Sponsor: Carel Usa, LLC
- Sponsor EIN: 232786822
- Sponsor Address: 385 S OAK STREET, MANHEIM, PA, 17545
- Plan Type: 401(k)
- Total Participants: 156
- Total Assets: $8.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 156 | $8.8M | $474,405 | $874,171 |
| 2023 | 142 | $6.8M | $428,363 | $687,954 |
| 2022 | 124 | $4.9M | $339,150 | $561,296 |
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 |
|---|---|---|---|---|
| BOYER & RITTER, LLC | 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 | $4,550 | — | $4,050 | — | — |
| 2023 | $1,775 | — | — | — | — |
| 2022 | — | — | — | — | — |