Plan Snapshot
- Plan Sponsor: Akorbi INC
- Sponsor EIN: 320184004
- Sponsor Address: 10801 MASTIN STREET SUITE 580, OVERLAND PARK, KS, 66210
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $0 | $0 |
| 2024 | 2 | $2.9M | $0 | $107,911 |
| 2023 | 94 | $3.1M | $0 | $319,009 |
| 2022 | 224 | $2.7M | $0 | $414,572 |
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 |
|---|---|---|---|---|
| SAVILLE CPA'S & ADVISORS, LLC | Auditor | $23,300 | — | $23,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAVILLE CPA'S & ADVISORS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,300
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 | $1,176,948 | $6,700 | $11,186 | — | — |
| 2024 | $32,411 | — | $9,111 | $23,300 | — |
| 2023 | $13,220 | $1,070 | $1,000 | $11,150 | — |
| 2022 | $936 | $936 | — | — | — |