Plan Snapshot
- Plan Sponsor: Wahl Clipper Corporation
- Sponsor EIN: 361922730
- Sponsor Address: 2900 NORTH LOCUST ST, STERLING, IL, 61081
- Plan Type: 401(k)
- Total Participants: 906
- Total Assets: $139.1M
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. |
|---|---|---|---|---|
| 2024 | 906 | $139.1M | $3.6M | $5.6M |
| 2023 | 988 | $127.7M | $4.0M | $5.0M |
| 2022 | 1,129 | $116.8M | $3.3M | $4.7M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY | INVESTMENT ADVISOR | $70,000 | — | $70,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $59,933 | — | $59,933 |
| PLANCHECK CPA'S, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- PLANCHECK CPA'S, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $129,933
- Estimated Expense Ratio: 0.093% 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 | $129,933 | — | — | — | — |
| 2023 | $184,531 | — | — | — | — |
| 2022 | $316,691 | $316,691 | — | — | — |