Plan Snapshot
- Plan Sponsor: Klink Trucking, LLC
- Sponsor EIN: 351443475
- Sponsor Address: 3320 W. 800 S., ASHLEY, IN, 46705
- Plan Type: 401(k)
- Total Participants: 140
- Total Assets: $5.1M
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 | $5.1M | $24,855 | $478,687 |
| 2023 | 144 | $5.2M | $24,971 | $432,715 |
| 2022 | 133 | $4.6M | $24,477 | $408,620 |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $20,275 | — | $20,275 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $17,853 | — | $17,853 |
| PREMIER BANK | Investment Advisor | $10,286 | — | $10,286 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,414
- Estimated Expense Ratio: 0.956% 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 | $51,363 | $33,510 | — | — | — |
| 2023 | $35,416 | $16,216 | — | — | — |
| 2022 | $38,294 | — | $38,294 | — | — |