Plan Snapshot
- Plan Sponsor: Klosterman Baking Company, INC.
- Sponsor EIN: 310625594
- Sponsor Address: 4760 PADDOCK ROAD, CINCINNATI, OH, 45229
- Plan Type: 401(k)
- Total Participants: 969
- Total Assets: $21.1M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 969 | $21.1M | $534,842 | $1.8M |
| 2023 | 926 | $20.8M | $461,310 | $1.8M |
| 2022 | 848 | $20.9M | $652,024 | $1.7M |
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 |
|---|---|---|---|---|
| CLARK, SCHAEFER, HACKETT & CO. | 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 | $52,004 | $40,549 | — | — | — |
| 2023 | $28,137 | $23,480 | — | — | — |
| 2022 | $9,600 | — | — | — | — |