Plan Snapshot
- Plan Sponsor: Teknor Apex Company
- Sponsor EIN: 050306609
- Sponsor Address: 505 CENTRAL AVENUE, PAWTUCKET, RI, 02861
- Plan Type: 401(k)
- Total Participants: 1,681
- Total Assets: $273.4M
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 | 1,681 | $273.4M | $7.2M | $12.0M |
| 2023 | 1,657 | $243.3M | $6.8M | $11.6M |
| 2022 | 1,713 | $209.2M | $6.0M | $10.7M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | $53,366 | — | $53,366 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,366
- Estimated Expense Ratio: 0.020% 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 | $445,868 | $83,167 | $309,335 | $53,366 | — |
| 2023 | $369,882 | $86,204 | $268,688 | $14,990 | — |
| 2022 | $400,003 | $116,595 | $254,702 | — | $28,706 |