Plan Snapshot
- Plan Sponsor: Ntk Precision Axle Corporation
- Sponsor EIN: 201099646
- Sponsor Address: 1501 E WOODFIELD ROAD, SUITE 400E, SCHAUMBURG, IL, 60173
- Plan Type: 401(k)
- Total Participants: 394
- Total Assets: $14.2M
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 | 394 | $14.2M | $500,958 | $1.2M |
| 2023 | 365 | $12.7M | $523,050 | $1.2M |
| 2022 | 235 | $10.5M | $410,932 | $1.0M |
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 |
|---|---|---|---|---|
| PLANTE MORAN | 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 | $21,331 | $2,617 | $3,181 | — | — |
| 2023 | $19,720 | $2,203 | $17,167 | — | — |
| 2022 | $19,444 | $3,764 | $14,860 | — | — |