Plan Snapshot
- Plan Sponsor: K-Solv, LP
- Sponsor EIN: 412074808
- Sponsor Address: 952 ECHO LANE, HOUSTON, TX, 77024
- Plan Type: 401(k)
- Total Participants: 372
- Total Assets: $20.4M
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 | 372 | $20.4M | $1.0M | $1.7M |
| 2023 | 304 | $17.9M | $1.0M | $1.7M |
| 2022 | 173 | $14.9M | $832,154 | $1.4M |
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 |
|---|---|---|---|---|
| TRUIST ADVISORY SERVICES INC | ADVISOR | $53,027 | — | $53,027 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $42,734 | — | $42,734 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $8,463 | — | $8,463 |
| WEINSTEIN SPIRA & COMPANY, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $104,224
- Estimated Expense Ratio: 0.512% 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 | $115,474 | $61,490 | — | — | — |
| 2023 | $89,140 | $40,567 | $1,200 | — | — |
| 2022 | $104,474 | $5,965 | — | — | — |