Plan Snapshot
- Plan Sponsor: Flsmidth INC.
- Sponsor EIN: 230606560
- Sponsor Address: 2040 AVENUE C, BETHLEHEM, PA, 18017
- Plan Type: 401(k)
- Total Participants: 1,299
- Total Assets: $324.0M
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 | 1,299 | $324.0M | $7.1M | $13.6M |
| 2023 | 1,528 | $341.1M | $6.8M | $12.9M |
| 2022 | 1,602 | $297.0M | $6.2M | $11.8M |
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 |
|---|---|---|---|---|
| CAMBELL, RAPPOLD & YURASITS LLP | Auditor | $24,500 | — | $24,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,500
- Estimated Expense Ratio: 0.008% 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 | $172,682 | $26,285 | $3,300 | $24,500 | — |
| 2023 | $151,684 | $20,909 | $900 | — | — |
| 2022 | $173,708 | $7,977 | — | — | — |