Plan Snapshot
- Plan Sponsor: Ikeyless, LLC
- Sponsor EIN: 208804815
- Sponsor Address: 12101 SYCAMORE STATION PLACE, LOUISVILLE, KY, 40299
- Plan Type: 401(k)
- Total Participants: 456
- Total Assets: $13.6M
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 | 456 | $13.6M | $725,666 | $1.2M |
| 2023 | 449 | $10.7M | $474,599 | $1.1M |
| 2022 | 425 | $7.9M | $580,531 | $964,659 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO OF AM | RECORDKEEPER | $109,116 | — | $109,116 |
| ROBERT W BAIRD & CO, INC. | BROKER/ADVISER | — | $58,370 | $58,370 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $16,596 | — | $16,596 |
| RETIREMENT MANAGEMENT SERVICES, LLC | THIRD PARTY ADMIN | $4,600 | $11,764 | $16,364 |
| DEMING, MALONE, LIVESAY & OSTROFF | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $200,446
- Estimated Expense Ratio: 1.471% 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 | $125,420 | $125,420 | — | — | — |
| 2023 | $91,724 | $91,724 | — | — | — |
| 2022 | $77,738 | $77,738 | — | — | — |