Plan Snapshot
- Plan Sponsor: Consolidated Machine & Tool Holdings LLC
- Sponsor EIN: 820714527
- Sponsor Address: 601 BRICKELL KEY DRIVE, MIAMI, FL, 33131
- Plan Type: 401(k)
- Total Participants: 166
- Total Assets: $9.9M
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 | 166 | $9.9M | $398,387 | $613,354 |
| 2023 | 232 | $10.0M | $505,690 | $801,396 |
| 2022 | 266 | $10.2M | $559,779 | $1.0M |
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 |
|---|---|---|---|---|
| OSAIC WEALTH INC | Investment Advisor | $38,932 | — | $38,932 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $38,822 | — | $38,822 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,754
- Estimated Expense Ratio: 0.783% 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 | $80,363 | $41,499 | — | — | — |
| 2023 | $80,647 | $35,339 | — | — | — |
| 2022 | $94,514 | $47,428 | $47,086 | — | — |