Plan Snapshot
- Plan Sponsor: Kellex Corporation (Dba Kellex Seating)
- Sponsor EIN: 341778548
- Sponsor Address: 501 HOYLE STREET SW, VALDESE, NC, 286902605
- Plan Type: 401(k)
- Total Participants: 228
- Total Assets: $4.0M
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 | 228 | $4.0M | $99,430 | $479,722 |
| 2023 | 245 | $3.5M | $114,286 | $488,568 |
| 2022 | 257 | $2.6M | $92,747 | $400,762 |
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 |
|---|---|---|---|---|
| DAVIDSON, HOLLAND, WHITESELL & CO. | 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 | $67,780 | — | $67,780 | — | — |
| 2023 | $54,510 | — | $54,510 | — | — |
| 2022 | $44,628 | — | $44,628 | — | — |