Plan Snapshot
- Plan Sponsor: Keer America Corporation
- Sponsor EIN: 462015465
- Sponsor Address: 9669 OLD BAILES ROAD, INDIAN LAND, SC, 29707
- Plan Type: 401(k)
- Total Participants: 313
- Total Assets: $1.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 313 | $1.7M | $71,428 | $283,929 |
| 2023 | 278 | $1.5M | $63,970 | $258,427 |
| 2022 | 247 | $1.2M | $58,625 | $336,148 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $16,853 | — | $16,853 |
| EXCEL WEALTH MANAGEMENT, LLC | INVESTMENT/FINANCIAL ADVI | $7,415 | — | $7,415 |
| ELLIOTT GROUP CPAS PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- ELLIOTT GROUP CPAS PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,268
- Estimated Expense Ratio: 1.446% 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 | $24,269 | — | — | — | — |
| 2023 | $22,663 | $6,584 | — | — | — |
| 2022 | $21,179 | — | — | — | — |