Plan Snapshot
- Plan Sponsor: Kobelco Construction Machinery Usa, INC.
- Sponsor EIN: 582649910
- Sponsor Address: 22350 MERCHANTS WAY, KATY, TX, 77449
- Plan Type: 401(k)
- Total Participants: 90
- Total Assets: $10.9M
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 | 90 | $10.9M | $334,549 | $506,056 |
| 2023 | 88 | $10.2M | $332,902 | $544,560 |
| 2022 | 72 | $10.2M | $366,116 | $629,710 |
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 | $26,270 | — | $26,270 |
| MORGAN STANLEY | Investment Advisor | $25,762 | — | $25,762 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $10,406 | — | $10,406 |
| THE BENEFIT PRACTICE | Other Service Provider | $10,100 | — | $10,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,538
- Estimated Expense Ratio: 0.664% 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 | $90,753 | — | — | — | — |
| 2023 | $93,596 | — | — | — | — |
| 2022 | $99,060 | $99,060 | — | — | — |