Plan Snapshot
- Plan Sponsor: Kay Manufacturing Company, LLC
- Sponsor EIN: 362643474
- Sponsor Address: 3491 S. LAKESHORE DRIVE, ST. JOSEPH, MI, 49085
- Plan Type: 401(k)
- Total Participants: 95
- Total Assets: $9.1M
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 | 95 | $9.1M | $217,339 | $410,681 |
| 2023 | 110 | $7.5M | $261,231 | $479,816 |
| 2022 | 148 | $7.7M | $216,273 | $529,464 |
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 |
|---|---|---|---|---|
| CROWE LLP | 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 | $54,914 | — | $54,914 | — | — |
| 2023 | $55,279 | — | $55,279 | — | — |
| 2022 | $54,574 | — | $54,574 | — | — |