Plan Snapshot
- Plan Sponsor: Penn A Kem LLC
- Sponsor EIN: 262770135
- Sponsor Address: 3324 CHELSEA AVENUE,, MEMPHIS, TN, 38108
- Plan Type: 401(k)
- Total Participants: 164
- Total Assets: $25.0M
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 | 164 | $25.0M | $151,919 | $1.3M |
| 2023 | 162 | $22.4M | $391,242 | $1.3M |
| 2022 | 145 | $23.3M | $446,935 | $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 |
|---|---|---|---|---|
| CANNON WRIGHT BLOUNT LLC | 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 | $48,310 | $1,465 | — | — | — |
| 2023 | $59,870 | — | — | — | — |
| 2022 | $62,695 | — | — | — | — |