Plan Snapshot
- Plan Sponsor: K & D
- Sponsor EIN: 274860782
- Sponsor Address: 4420 SHERWIN RD, WILLOUGHBY, OH, 44094
- Plan Type: 401(k)
- Total Participants: 311
- Total Assets: $3.2M
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 | 311 | $3.2M | $45,738 | $256,431 |
| 2023 | 292 | $2.8M | $39,761 | $261,868 |
| 2022 | 299 | $2.3M | $41,462 | $266,627 |
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 |
|---|---|---|---|---|
| CORBETS & ASSOCIATES | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $41,196 | $11,891 | — | — | — |
| 2023 | $32,861 | $12,437 | — | $6,402 | — |
| 2022 | $26,001 | $17,683 | $8,318 | — | — |