Plan Snapshot
- Plan Sponsor: Cargotec Holding, INC.
- Sponsor EIN: 581730881
- Sponsor Address: 12233 WILLIAMS ROAD, PERRYSBURG, OH, 43551
- Plan Type: 401(k)
- Total Participants: 988
- Total Assets: $77.3M
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 | 988 | $77.3M | $3.9M | $5.8M |
| 2023 | 1,144 | $123.5M | $4.3M | $6.6M |
| 2022 | 1,073 | $103.1M | $2.6M | $5.8M |
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, & CO. | 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 | $192,184 | $42,478 | $26,306 | — | — |
| 2023 | $180,167 | $51,000 | $111,692 | $16,275 | — |
| 2022 | $172,435 | $51,000 | $106,760 | — | $13,650 |