Plan Snapshot
- Plan Sponsor: Kenmode Tool & Engineering, INC.
- Sponsor EIN: 362426263
- Sponsor Address: 820 WEST ALGONQUIN ROAD, ALGONQUIN, IL, 60102
- Plan Type: 401(k)
- Total Participants: 140
- Total Assets: $21.2M
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 | 140 | $21.2M | $390,343 | $882,335 |
| 2023 | 139 | $20.8M | $396,872 | $872,207 |
| 2022 | 128 | $17.4M | $375,236 | $825,701 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT 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 | $53,547 | $30,021 | — | — | — |
| 2023 | $49,204 | $30,000 | — | — | — |
| 2022 | $46,565 | — | $46,565 | — | — |