Plan Snapshot
- Plan Sponsor: Clark Material Handling Company
- Sponsor EIN: 542091806
- Sponsor Address: 700 ENTERPRISE DRIVE, LEXINGTON, KY, 40510
- Plan Type: 401(k)
- Total Participants: 228
- Total Assets: $22.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 228 | $22.2M | $626,508 | $1.3M |
| 2023 | 249 | $21.6M | $577,088 | $1.2M |
| 2022 | 214 | $19.9M | $466,383 | $969,591 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | 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 | $43,436 | $3,499 | — | — | — |
| 2023 | $42,092 | $542 | — | — | — |
| 2022 | $59,181 | $43,683 | $15,498 | — | — |