Plan Snapshot
- Plan Sponsor: Kewaunee Scientific Corp.
- Sponsor EIN: 380715562
- Sponsor Address: PO BOX 1842, STATESVILLE, NC, 28687
- Plan Type: 401(k)
- Total Participants: 524
- Total Assets: $50.8M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 524 | $50.8M | $999,238 | $2.0M |
| 2023 | 534 | $45.7M | $932,415 | $1.8M |
| 2022 | 549 | $37.5M | $947,655 | $1.9M |
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 | -$14,194 | $39,856 | — | — | — |
| 2023 | -$24,662 | $13,789 | — | — | — |
| 2022 | -$3,978 | $13,000 | — | — | — |