Plan Snapshot
- Plan Sponsor: Weylchem Us INC.
- Sponsor EIN: 570485226
- Sponsor Address: 2114 LARRY JEFFERS RD., ELGIN, SC, 29045
- Plan Type: DB
- Total Participants: 6
- Total Assets: $17.8M
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 | 6 | $17.8M | $531,400 | $0 |
| 2023 | 11 | $16.9M | $437,759 | $0 |
| 2022 | 12 | $15.5M | $193,918 | $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 |
|---|---|---|---|---|
| BAUKNIGHT PIETRAS & STORMER, P.A. | Auditor | $19,000 | — | $19,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAUKNIGHT PIETRAS & STORMER, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,000
- Estimated Expense Ratio: 0.106% 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 | $330,760 | $131,993 | $64,078 | $19,000 | — |
| 2023 | $372,551 | $169,066 | $62,042 | $18,700 | — |
| 2022 | $267,763 | $81,428 | — | — | $18,540 |