Plan Snapshot
- Plan Sponsor: U.S. Engine Valve Company
- Sponsor EIN: 341668844
- Sponsor Address: 7039 SOUTH HIGHWAY 11, WESTMINSTER, SC, 29693
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 300
- Total Assets: $12.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 300 | $12.7M | $0 | $0 |
| 2024 | 253 | $12.5M | $266,095 | $648,862 |
| 2023 | 269 | $11.2M | $225,285 | $551,908 |
| 2022 | 226 | $9.8M | $172,557 | $459,870 |
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 |
|---|---|---|---|---|
| MEADEN & MOORE | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 |
|---|---|---|---|---|---|
| 2025 | $2,103,466 | — | — | — | — |
| 2024 | $5,377 | — | — | — | — |
| 2023 | $5,200 | — | — | — | — |
| 2022 | $2,725 | — | — | — | — |