Plan Snapshot
- Plan Sponsor: Kobe Steel Usa INC.
- Sponsor EIN: 133458454
- Sponsor Address: 19575 VICTOR PARKWAY SUITE 200, LIVONIA, MI, 48152
- Plan Type: 401(k)
- Total Participants: 273
- Total Assets: $7.9M
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 | 273 | $7.9M | $297,541 | $854,686 |
| 2023 | 285 | $6.7M | $278,422 | $767,919 |
| 2022 | 184 | $5.5M | $233,412 | $629,061 |
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 |
|---|---|---|---|---|
| MILLER COOPER & CO. LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER COOPER & CO. LTD — Auditor
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 | $50,405 | — | — | — | — |
| 2023 | $56,159 | $11,154 | $45,005 | — | — |
| 2022 | $55,653 | — | $48,698 | — | $6,955 |