Plan Snapshot
- Plan Sponsor: Kimber Mfg., INC.
- Sponsor EIN: 232858068
- Sponsor Address: 200 INDUSTRIAL BLVD., TROY, AL, 36081
- Plan Type: 401(k)
- Total Participants: 452
- Total Assets: $31.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 452 | $31.7M | $518,058 | $2.0M |
| 2023 | 423 | $30.5M | $619,495 | $2.3M |
| 2022 | 620 | $26.8M | $798,634 | $2.8M |
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 |
|---|---|---|---|---|
| REID CPAS LLP | Auditor | $10,000 | — | $10,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,000
- Estimated Expense Ratio: 0.032% 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 | $122,211 | $39,487 | — | $10,000 | — |
| 2023 | $120,904 | $46,008 | — | — | — |
| 2022 | $112,369 | $10,477 | — | — | — |