Plan Snapshot
- Plan Sponsor: Kamax INC.
- Sponsor EIN: 842136876
- Sponsor Address: 1606 STAR BATT DRIVE, ROCHESTER HILLS, MI, 48309
- Plan Type: 401(k)
- Total Participants: 473
- Total Assets: $29.3M
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 | 473 | $29.3M | $406,662 | $2.1M |
| 2023 | 490 | $24.7M | $394,096 | $2.1M |
| 2022 | 410 | $20.7M | $365,221 | $1.9M |
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 |
|---|---|---|---|---|
| EQUITABLE ADVISORS LLC | ADVISOR | $51,237 | — | $51,237 |
| CLIFTONLARSONALLEN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EQUITABLE ADVISORS LLC — ADVISOR
- CLIFTONLARSONALLEN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,237
- Estimated Expense Ratio: 0.175% 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 | $40,005 | $51,237 | — | — | — |
| 2023 | $25,940 | $42,197 | — | — | — |
| 2022 | $27,072 | — | — | — | — |