Plan Snapshot
- Plan Sponsor: Karsten Manufacturing Corporation
- Sponsor EIN: 860210248
- Sponsor Address: 2201 WEST DESERT COVE AVE., PHOENIX, AZ, 85029
- Plan Type: 401(k)
- Total Participants: 1,109
- Total Assets: $291.6M
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 | 1,109 | $291.6M | $4.9M | $10.9M |
| 2023 | 1,057 | $263.9M | $4.9M | $10.8M |
| 2022 | 957 | $224.5M | $4.3M | $9.4M |
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 |
|---|---|---|---|---|
| EIDE BAILLY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY — Auditor
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 | $83,499 | $21,460 | — | — | — |
| 2023 | $84,027 | $6,033 | — | — | — |
| 2022 | $73,108 | $33 | — | — | — |