Plan Snapshot
- Plan Sponsor: Kobelco Compressors America, INC.
- Sponsor EIN: 330402271
- Sponsor Address: 1450 W. RINCON STREET, CORONA, CA, 928789205
- Plan Type: 401(k)
- Total Participants: 121
- Total Assets: $14.3M
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 | 121 | $14.3M | $204,100 | $691,820 |
| 2023 | 116 | $12.6M | $188,789 | $643,257 |
| 2022 | 111 | $10.5M | $192,608 | $572,865 |
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 | $43,986 | — | $43,986 |
| ACCELERATE INVESTMENT ADVISORS LLC | Investment Advisor | $26,336 | — | $26,336 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $25,392 | — | $25,392 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,714
- Estimated Expense Ratio: 0.669% 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 | $95,714 | $70,322 | — | — | — |
| 2023 | $85,107 | $64,390 | — | — | — |
| 2022 | $88,460 | $59,064 | $29,396 | — | — |