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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | $32,040 | — | $32,040 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,040
- Estimated Expense Ratio: 0.013% 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 |