Plan Snapshot
- Plan Sponsor: K.L.N. Enterprises, INC.
- Sponsor EIN: 411817696
- Sponsor Address: 245 1ST AVENUE NORTH, PERHAM, MN, 56573
- Plan Type: 401(k)
- Total Participants: 16
- Total Assets: $57.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 16 | $57.5M | $785,176 | $3.9M |
| 2023 | 768 | $52.3M | $789,788 | $3.7M |
| 2022 | 743 | $44.5M | $660,275 | $3.3M |
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 |
|---|---|---|---|---|
| EIDE BAILLY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY LLP — Auditor
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 | $200,063 | — | $200,063 | — | — |
| 2023 | $189,823 | — | — | — | — |
| 2022 | $184,799 | — | $184,799 | — | — |