Original filing (PDF)20251014125913NAL0001416339001

CHANNELLOCK, INC.

Name: CHANNELLOCK, INC. — CHANNELLOCK, INC. 401(K) PLAN FOR BARGAINING UNIT EMPLOYEES, Form 5500 (2024)
Creator: CHANNELLOCK, INC.

Form 5500

FILING_RECEIVED

CHANNELLOCK, INC. 401(K) PLAN FOR BARGAINING UNIT EMPLOYEES

401(k) retirement plan

Active participants

236

Accounts w/ balance

433

Plan assets (EOY)

$13.0M

Net assets (EOY)

$13.0M

How this plan invests

This plan

30 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

100

Total plan cost

Vendor stack

100

Participation health

100

Knocking points off

53 bps in Schedule C fees — 82% above peer band of 29 bps.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CHANNELLOCK, INC..

Plan sponsor

Name

CHANNELLOCK, INC.

EIN

25-0399850

Address

1306 SOUTH MAIN STREET · MEADVILLE, PA · 16335

Phone

(814) 724-8700

Industry

Manufacturingsee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

005

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-14

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

3H · Sponsor in controlled / affiliated group

Audit & trust (Schedule H)

Auditor

SCHAFFNER KNIGHT & MINNAUGH CO PC

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

4 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWER ANNUITY INSURANCE COMPANY O	—	GREENWOOD VILLAGE, CO	RECORDKEEPER	$35K	—

TPA / Administrator

Name	EIN	Location	Relation	Direct comp	Indirect comp
DEFINITI LLC	—	ERIE, PA	CONTRACT ADMIN	$17K	—

Accountant / Auditor

Name	EIN	Location	Relation	Direct comp	Indirect comp
SCHAFFNER, KNIGHT, MINNAUGH COMPANY	—	ERIE, PA	AUDITOR	$13K	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWER ADVISORY GROUP, LLC	—	GREENWOOD VILLAGE, CO	INVESTMENT MGMT	$4K	—

Investments

30 direct securities· $13.0M(100% of reported assets)

Investment	Type	Shares / units	Cost	Current value	% of plan
JP Morgan Large Cap Growth R3	—	—	—	$2.5M	18.9%
Fidelity 500 Index	—	—	—	$1.6M	12.6%
MFS Value A	—	—	—	$1.4M	10.7%
Empower Annuity Insurance Company of America Key Guaranteed Portfolio Fund	—	—	—	$875K	6.7%
MFS Total Return Bond A	—	—	—	$612K	4.7%
American Funds Bond Fund of America R5	—	—	—	$596K	4.6%
participants maturing through September 2033	—	—	—	$539K	4.1%
Macquarie Mid Cap Growth Y	—	—	—	$485K	3.7%
Allspring Special Small Cap Value A	—	—	—	$473K	3.6%
MFS International Growth A	—	—	—	$467K	3.6%
MFS International Diversification A	—	—	—	$437K	3.4%
First Eagle Global A	—	—	—	$431K	3.3%
American Funds New World Fund R4	—	—	—	$337K	2.6%
Fidelity International Index	—	—	—	$326K	2.5%
Fidelity Mid Cap Index	—	—	—	$264K	2.0%
Transamerica International Equity A	—	—	—	$235K	1.8%
Columbia Capital Allocation Moderate Aggressive A	—	—	—	$205K	1.6%
Fidelity Small Cap Index	—	—	—	$157K	1.2%
Columbia Capital Allocation Moderate A	—	—	—	$155K	1.2%
MFS Mid Cap Value A	—	—	—	$155K	1.2%
PIMCO CommoditiesPLUS Strategy Institutional	—	—	—	$140K	1.1%
Janus Henderson Triton A	—	—	—	$137K	1.0%
American Funds Inflation Linked Bond R6	—	—	—	$119K	0.9%
Invesco International Bond A	—	—	—	$97K	0.7%
Eaton Vance High Income Opportunities A	—	—	—	$72K	0.6%
Columbia Capital Allocation Moderate Conservative A	—	—	—	$69K	0.5%
Neuberger Berman Real Estate A	—	—	—	$63K	0.5%
Columbia Capital Allocation Conservative A	—	—	—	$48K	0.4%
Cohen & Steers Global Realty I	—	—	—	$27K	0.2%
Pioneer Strategic Income A	—	—	—	$11K	<0.1%