Plan Snapshot
- Plan Sponsor: Pkm Steel Service, INC.
- Sponsor EIN: 481046132
- Sponsor Address: P.O. BOX 947, SALINA, KS, 67402
- Plan Type: 401(k)
- Total Participants: 93
- Total Assets: $6.5M
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 | 93 | $6.5M | $132,004 | $256,169 |
| 2023 | 94 | $6.9M | $139,173 | $240,637 |
| 2022 | 84 | $6.0M | $104,023 | $221,399 |
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 |
|---|---|---|---|---|
| KEATING FINANCIAL ADVISORY SERVICES | Other Service Provider | $22,867 | — | $22,867 |
| KEATING & ASSOCIATES, INC. | Other Service Provider | $21,370 | — | $21,370 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,237
- Estimated Expense Ratio: 0.683% 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 | $47,437 | $22,867 | $4,970 | — | — |
| 2023 | $44,642 | $22,105 | $3,590 | — | — |
| 2022 | $26,768 | — | $26,768 | — | — |