Plan Snapshot
- Plan Sponsor: Kress Corporation
- Sponsor EIN: 370889953
- Sponsor Address: 227 WEST ILLINOIS STREET, BRIMFIELD, IL, 61517
- Plan Type: 401(k)
- Total Participants: 179
- Total Assets: $13.3M
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 | 179 | $13.3M | $278,189 | $631,319 |
| 2023 | 159 | $13.6M | $291,873 | $591,437 |
| 2022 | 154 | $13.2M | $266,689 | $570,007 |
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 |
|---|---|---|---|---|
| GRAY HUNTER STENN LLP | Auditor | $7,000 | — | $7,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRAY HUNTER STENN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,000
- Estimated Expense Ratio: 0.053% 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 | $72,603 | — | $65,603 | $7,000 | — |
| 2023 | $58,939 | — | $58,939 | — | — |
| 2022 | $61,157 | $61,157 | — | — | — |