Plan Snapshot
- Plan Sponsor: Clampco Products, INC.
- Sponsor EIN: 341097609
- Sponsor Address: 1743 WALL RD, WADSWORTH, OH, 44281
- Plan Type: 401(k)
- Total Participants: 214
- Total Assets: $17.2M
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 | 214 | $17.2M | $0 | $472,848 |
| 2023 | 220 | $18.4M | $0 | $542,179 |
| 2022 | 197 | $17.0M | $441,453 | $538,708 |
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 |
|---|---|---|---|---|
| CUNNINGHAM & ASSOCIATES | 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 | $2,980 | — | $2,980 | — | — |
| 2023 | $33,415 | — | $33,415 | — | — |
| 2022 | $31,064 | $26,568 | $3,519 | — | — |