Plan Snapshot
- Plan Sponsor: K-1 Packaging Group
- Sponsor EIN: 954527735
- Sponsor Address: 17989 ARENTH AVE, CITY OF INDUSTRY, CA, 91748
- Plan Type: 401(k)
- Total Participants: 214
- Total Assets: $22.8M
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 | 214 | $22.8M | $401,540 | $943,264 |
| 2023 | 193 | $19.8M | $360,159 | $846,205 |
| 2022 | 196 | $17.0M | $413,072 | $983,214 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | INVESTMENT/FINANCIAL ADVI | $38,820 | — | $38,820 |
| ACCELERATE INVESTMENT ADVISORS LLC | INVESTMENT/FINANCIAL ADVI | $15,619 | — | $15,619 |
| ADP, INC. | RECORD KEEPER | $9,327 | — | $9,327 |
| DAVID L BUCK CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — INVESTMENT/FINANCIAL ADVI
- ACCELERATE INVESTMENT ADVISORS LLC — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- DAVID L BUCK CPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,766
- Estimated Expense Ratio: 0.280% 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 | $63,766 | $54,439 | — | — | — |
| 2023 | $54,950 | $47,784 | — | — | — |
| 2022 | $43,249 | — | — | — | — |