Plan Snapshot
- Plan Sponsor: Kris-Tech Wire Co., INC.
- Sponsor EIN: 161229121
- Sponsor Address: 80 OTIS STREET, ROME, NY, 13441
- Plan Type: 401(k)
- Total Participants: 169
- Total Assets: $16.5M
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 | 169 | $16.5M | $936,516 | $714,879 |
| 2023 | 148 | $21.3M | $891,653 | $657,817 |
| 2022 | 122 | $18.8M | $727,182 | $612,381 |
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 |
|---|---|---|---|---|
| ROBERT W BAIRD & CO | INVESTMENT ADVISOR | $37,926 | — | $37,926 |
| CAPITAL GROUP RETIREMENT PLAN SERVI | RECORDKEEPER | $17,206 | — | $17,206 |
| FITZGERALD, DEPIETRO & WOJNAS, CPAS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,132
- Estimated Expense Ratio: 0.334% 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 | $56,332 | $56,332 | — | — | — |
| 2023 | $48,780 | — | — | — | — |
| 2022 | $47,613 | $47,613 | — | — | — |