Plan Snapshot
- Plan Sponsor: K&L Gates LLP
- Sponsor EIN: 250921018
- Sponsor Address: 210 SIXTH AVENUE, PITTSBURGH, PA, 152222613
- Plan Type: DC
- Total Participants: 1,349
- Total Assets: $506.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,349 | $506.7M | $9.1M | $13.3M |
| 2023 | 1,427 | $450.3M | $8.5M | $13.4M |
| 2022 | 1,394 | $381.9M | $7.6M | $12.2M |
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 |
|---|---|---|---|---|
| FIDELITY INV. INST. OPERATIONS | NONE | $119,080 | — | $119,080 |
| FIDUCIENT ADVISORS | NONE | $61,943 | — | $61,943 |
| HENRY H. ARMSTRONG | NONE | $35,701 | — | $35,701 |
| SCHNEIDER DOWNS & CO., INC. | NONE | $21,852 | — | $21,852 |
| CIBC ATLANTIC TR PRIVATE W.M. | NONE | $9,083 | — | $9,083 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INV. INST. OPERATIONS — NONE
- SCHNEIDER DOWNS & CO., INC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $247,659
- Estimated Expense Ratio: 0.049% 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 | $160,122 | $99,918 | — | $21,852 | — |
| 2023 | $173,980 | $108,003 | — | $21,495 | — |
| 2022 | $217,134 | $217,134 | — | — | — |