Plan Snapshot
- Plan Sponsor: Kern-Liebers Usa INC.
- Sponsor EIN: 341210887
- Sponsor Address: 1510 ALBON RD, HOLLAND, OH, 435280396
- Plan Type: 401(k)
- Total Participants: 175
- Total Assets: $7.3M
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 | 175 | $7.3M | $310,591 | $462,831 |
| 2023 | 181 | $9.7M | $299,948 | $511,570 |
| 2022 | 182 | $10.9M | $309,444 | $620,914 |
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 |
|---|---|---|---|---|
| TEMPLETON & COMPANY, LLP | Auditor | $4,000 | — | $4,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TEMPLETON & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,000
- Estimated Expense Ratio: 0.055% 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 | $44,530 | $11,147 | $19,524 | $4,000 | — |
| 2023 | $28,825 | $10,090 | $18,275 | — | — |
| 2022 | $3,878 | $1,176 | — | — | — |