Plan Snapshot
- Plan Sponsor: Clk Management Company, INC.
- Sponsor EIN: 411491717
- Sponsor Address: 1440 EAST 40TH STREET, HIBBING, MN, 55746
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 121
- Total Assets: $1.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 121 | $1.5M | $0 | $0 |
| 2024 | 185 | $2.5M | $7,500 | $82,219 |
| 2023 | 187 | $2.2M | $25,000 | $72,195 |
| 2022 | 194 | $2.1M | $15,821 | $93,900 |
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 |
|---|---|---|---|---|
| D S & B, LTD | 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 |
|---|---|---|---|---|---|
| 2025 | $1,372,491 | — | $10,216 | — | — |
| 2024 | $9,512 | — | $1,933 | — | — |
| 2023 | $13,011 | — | $5,993 | — | — |
| 2022 | $9,854 | — | — | — | $9,854 |