Plan Snapshot
- Plan Sponsor: Tk Elevator
- Sponsor EIN: 621211267
- Sponsor Address: 788 CIRCLE 75 PARKWAY SE, ATLANTA, GA, 30339
- Plan Type: 401(k)
- Total Participants: 141
- Total Assets: $6.9M
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 | 141 | $6.9M | $118,046 | $389,792 |
| 2023 | 83 | $7.1M | $107,973 | $349,586 |
| 2022 | 103 | $6.8M | $119,906 | $406,131 |
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 |
|---|---|---|---|---|
| PLANTE AND MORAN PLLC | Auditor | $16,250 | — | $16,250 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,250
- Estimated Expense Ratio: 0.236% 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 | $37,944 | — | — | $16,250 | — |
| 2023 | $2,356 | — | — | — | — |
| 2022 | $16,822 | — | — | — | — |