Plan Snapshot
- Plan Sponsor: Koa Speer Electronics, INC.
- Sponsor EIN: 251867087
- Sponsor Address: 199 BOLIVAR DRIVE, BRADFORD, PA, 167011538
- Plan Type: 401(k)
- Total Participants: 78
- Total Assets: $40.1M
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 | 78 | $40.1M | $691,887 | $546,640 |
| 2023 | 81 | $37.7M | $743,059 | $626,447 |
| 2022 | 93 | $34.5M | $743,408 | $594,895 |
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 |
|---|---|---|---|---|
| CHIAMPOU TRAVIS BESAW&KERSHNER 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 | $6,066 | — | $6,066 | — | — |
| 2023 | $740 | — | $740 | — | — |
| 2022 | $2,446 | — | $2,446 | — | — |