Plan Snapshot
- Plan Sponsor: Good Karma Broadcasting, LLC
- Sponsor EIN: 391912697
- Sponsor Address: 301 W WISCONSIN AVENUE, MILWAUKEE, WI, 53203
- Plan Type: 401(k)
- Total Participants: 475
- Total Assets: $19.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 475 | $19.0M | $0 | $3.2M |
| 2023 | 443 | $14.4M | $348 | $2.6M |
| 2022 | 361 | $11.4M | $327,426 | $2.0M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $64,669 | — | $64,669 |
| ANNEX WEALTH MANAGEMENT, LLC | INVESTMENT/FINANCIAL ADVI | $42,022 | — | $42,022 |
| VRAKAS CPAS | ACCOUNTANT | $12,000 | — | $12,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- VRAKAS CPAS — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $118,691
- Estimated Expense Ratio: 0.625% 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 | $118,691 | $50,948 | — | — | — |
| 2023 | $85,806 | $31,454 | — | — | — |
| 2022 | $58,184 | — | — | — | — |