Plan Snapshot
- Plan Sponsor: Linak U.S. INC.
- Sponsor EIN: 611265293
- Sponsor Address: 2200 STANLEY GAULT PARKWAY, LOUISVILLE, KY, 40223
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 349
- Total Assets: $31.3M
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. |
|---|---|---|---|---|
| 2025 | 349 | $31.3M | $0 | $0 |
| 2024 | 276 | $26.0M | $578,071 | $1.4M |
| 2023 | 264 | $21.9M | $580,039 | $1.3M |
| 2022 | 296 | $17.8M | $609,624 | $1.2M |
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 |
|---|---|---|---|---|
| MCF ADVISORS LLC | Investment Advisor | $45,559 | — | $45,559 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $39,685 | — | $39,685 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,244
- Estimated Expense Ratio: 0.273% 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 |
|---|---|---|---|---|---|
| 2025 | $1,700,173 | $45,559 | — | — | — |
| 2024 | $85,018 | $30,332 | — | — | — |
| 2023 | $50,340 | $10,626 | — | — | — |
| 2022 | $92,931 | $11,666 | — | — | $81,265 |