Plan Snapshot
- Plan Sponsor: Kw Floorcoverings INC
- Sponsor EIN: 823587250
- Sponsor Address: 1050 SKILLMAN DRIVE, CINCINNATI, OH, 45215
- Plan Type: 401(k)
- Total Participants: 140
- Total Assets: $13.0M
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 | 140 | $13.0M | $115,211 | $768,208 |
| 2023 | 139 | $12.9M | $100,974 | $687,611 |
| 2022 | 133 | $10.9M | $101,909 | $730,976 |
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 |
|---|---|---|---|---|
| CLARK SCHAEFER, HACKETT & CO | Auditor | — | — | $0 |
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 | $68,153 | $45,483 | — | — | — |
| 2023 | $66,681 | $43,595 | — | — | — |
| 2022 | $71,154 | — | $71,154 | — | — |