Plan Snapshot
- Plan Sponsor: K-Va-T-Food Stores, INC.
- Sponsor EIN: 550421484
- Sponsor Address: P.O. BOX 1158, ABINGDON, VA, 24212
- Plan Type: 401(k)
- Total Participants: 14,576
- Total Assets: $191.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 14,576 | $191.3M | $5.1M | $9.7M |
| 2023 | 13,351 | $167.9M | $4.8M | $8.8M |
| 2022 | 13,270 | $142.3M | $4.5M | $8.2M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $316,257 | — | $316,257 |
| CAPFINANCIAL PARTNERS | INVESTMENT ADVISORY | $49,418 | — | $49,418 |
| BROWN, EDWARDS & COMPANY, L.L.P. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BROWN, EDWARDS & COMPANY, L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $365,675
- Estimated Expense Ratio: 0.191% 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 | $319,259 | $49,418 | $269,841 | — | — |
| 2023 | $288,581 | $48,688 | $239,893 | — | — |
| 2022 | $252,117 | $48,034 | $204,083 | — | — |