Plan Snapshot
- Plan Sponsor: Clairon Metals Corporation
- Sponsor EIN: 591682693
- Sponsor Address: 11194 ALCOVY ROAD, COVINGTON, GA, 300146404
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $5.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 135 | $5.5M | $114,556 | $375,371 |
| 2023 | 139 | $4.8M | $101,722 | $366,314 |
| 2022 | 126 | $4.0M | $80,165 | $344,642 |
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 |
|---|---|---|---|---|
| SMITH & HOWARD, P.C | 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 | $33,084 | — | $33,084 | — | — |
| 2023 | $22,524 | — | $22,524 | — | — |
| 2022 | $22,546 | — | $22,546 | — | — |