Plan Snapshot
- Plan Sponsor: K&L Gates LLP
- Sponsor EIN: 250921018
- Sponsor Address: 210 SIXTH AVENUE, PITTSBURGH, PA, 152222313
- Plan Type: DB
- Total Participants: 348
- Total Assets: $43.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 348 | $43.6M | $7.9M | $0 |
| 2023 | 334 | $41.6M | $7.6M | $0 |
| 2022 | 312 | $35.5M | $6.7M | $0 |
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 |
|---|---|---|---|---|
| BANK OF NEW YORK MELLON CORPORATION | NONE | $87,840 | — | $87,840 |
| OCTOBER THREE CONSULTING LLC | NONE | $74,597 | — | $74,597 |
| SCHNEIDER DOWNS & CO, INC. | NONE | $14,600 | — | $14,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- 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: $177,037
- Estimated Expense Ratio: 0.406% 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 | $216,627 | — | $87,840 | $14,600 | — |
| 2023 | $203,807 | — | $79,704 | $13,900 | — |
| 2022 | $177,597 | — | $69,790 | — | $76,655 |