Plan Snapshot
- Plan Sponsor: Karpinski Engineering, INC.
- Sponsor EIN: 341391481
- Sponsor Address: 3135 EUCLID AVENUE, CLEVELAND, OH, 44115
- Plan Type: 401(k)
- Total Participants: 126
- Total Assets: $24.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 126 | $24.8M | $171,877 | $1.2M |
| 2023 | 130 | $21.9M | $467,317 | $1.2M |
| 2022 | 117 | $17.6M | $439,575 | $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 |
|---|---|---|---|---|
| D'AMORE TATMAN GROUP LLC | 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 |
|---|---|---|---|---|---|
| 2024 | $79,945 | $48,792 | — | — | — |
| 2023 | $68,429 | $39,210 | — | — | — |
| 2022 | $66,848 | $37,282 | — | — | — |