Plan Snapshot
- Plan Sponsor: Keltec, INC.
- Sponsor EIN: 341378057
- Sponsor Address: 2300 E. ENTERPRISE PARKWAY,, TWINSBURG, OH, 44087
- Plan Type: 401(k)
- Total Participants: 190
- Total Assets: $9.0M
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 | 190 | $9.0M | $104,647 | $200,996 |
| 2023 | 170 | $8.3M | $246,819 | $230,324 |
| 2022 | 105 | $7.4M | $261,524 | $200,329 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $17,117 | — | $17,117 |
| AMERIPRISE FINANCIAL SERVICES LLC | BROKER/ADVISER | — | $13,619 | $13,619 |
| ENZA FINANCIAL LLC | INVESTMENT ADVISOR | $6,353 | — | $6,353 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $5,886 | — | $5,886 |
| C&P ADVISORS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,975
- Estimated Expense Ratio: 0.480% 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 | $33,666 | $16,549 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $28,586 | — | $28,586 | — | — |