Plan Snapshot
- Plan Sponsor: Kendall Packaging Corporation
- Sponsor EIN: 391542665
- Sponsor Address: 10335 NORTH PORT WASHINGTON ROAD, MEQUON, WI, 53092
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 221
- Total Assets: $23.2M
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. |
|---|---|---|---|---|
| 2025 | 221 | $23.2M | $0 | $0 |
| 2024 | 166 | $21.3M | $289,176 | $921,777 |
| 2023 | 168 | $18.7M | $71,854 | $839,049 |
| 2022 | 177 | $16.7M | $9,083 | $858,148 |
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 |
|---|---|---|---|---|
| SPECTRUM INVESTMENT | Investment Advisor | $43,664 | — | $43,664 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $23,986 | — | $23,986 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,650
- Estimated Expense Ratio: 0.291% 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 |
|---|---|---|---|---|---|
| 2025 | $2,731,314 | $43,664 | — | — | — |
| 2024 | $66,626 | $44,574 | — | — | — |
| 2023 | $61,015 | $44,019 | — | — | — |
| 2022 | $62,229 | — | — | — | — |