Plan Snapshot
- Plan Sponsor: Clarke Power Services, INC.
- Sponsor EIN: 310682368
- Sponsor Address: 3133 E KEMPER RD, CINCINNATI, OH, 452411516
- Plan Type: 401(k)
- Total Participants: 686
- Total Assets: $94.6M
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 | 686 | $94.6M | $2.5M | $5.2M |
| 2023 | 755 | $83.6M | $2.7M | $5.1M |
| 2022 | 771 | $70.0M | $2.4M | $4.9M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $217,693 | — | $217,693 |
| PRINCIPAL SECURITIES, INC | OTHER SERVICES | — | $32,453 | $32,453 |
| BARNES DENNIG AND COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BARNES DENNIG AND COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $250,146
- Estimated Expense Ratio: 0.264% of plan assets
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 | $217,741 | — | $217,741 | — | — |
| 2023 | $184,376 | — | $184,376 | — | — |
| 2022 | $170,873 | — | $170,873 | — | — |