Plan Snapshot
- Plan Sponsor: Teknor Apex Company
- Sponsor EIN: 050306609
- Sponsor Address: 505 CENTRAL AVENUE, PAWTUCKET, RI, 028611900
- Plan Type: DB
- Total Participants: 702
- Total Assets: $242.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 702 | $242.7M | $0 | $0 |
| 2023 | 759 | $234.8M | $8.2M | $0 |
| 2022 | 843 | $232.7M | $126,972 | $0 |
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 |
|---|---|---|---|---|
| CAMBRIDGE ASSOCIATES LLC | Other Service Provider | $473,067 | — | $473,067 |
| USI CONSULTING GROUP | Other Service Provider | $250,661 | — | $250,661 |
| CLARION PARTNERS | Other Service Provider | $133,650 | — | $133,650 |
| UBS GLOBAL ASSET MANAGEMENT | Investment Advisor | $113,262 | — | $113,262 |
| WELLINGTON TRUST COMPANY | Other Service Provider | $104,284 | — | $104,284 |
| INCOME RESEARCH & MANAGEMENT COLLEC | Other Service Provider | $70,161 | — | $70,161 |
| KILTEARN PARTNERS | Other Service Provider | $49,770 | — | $49,770 |
| ARROW STREET CAPITAL | Other Service Provider | $49,194 | — | $49,194 |
| MARCUM LLP | Other Service Provider | $32,040 | — | $32,040 |
| NORTHERN TRUST COMPANY | Other Service Provider | $28,528 | — | $28,528 |
| LEGAL & GENERAL INVESTMENT | Other Service Provider | $24,215 | — | $24,215 |
| SLC MANAGEMENT US INTERM INV GRADE | Other Service Provider | $23,914 | — | $23,914 |
| JP MORGAN INVESTMENT MANAGEMENT INC | Recordkeeper | $15,121 | — | $15,121 |
| RHUMBLINE | Other Service Provider | $11,863 | — | $11,863 |
| RHUMBLINE ADVISERS | Other Service Provider | $10,688 | — | $10,688 |
| STATE STREET RESEARCH & MANAGEMENT | Other Service Provider | $8,223 | — | $8,223 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS GLOBAL ASSET MANAGEMENT — Investment Advisor
- JP MORGAN INVESTMENT MANAGEMENT INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,398,641
- Estimated Expense Ratio: 0.576% 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 | $1,575,144 | $1,119,953 | — | $32,040 | — |
| 2023 | $2,769,302 | $1,086,691 | — | $32,000 | — |
| 2022 | $2,112,461 | $945,787 | — | — | $257,762 |