Plan Snapshot
- Plan Sponsor: K2 Services LLC
- Sponsor EIN: 814601531
- Sponsor Address: 135 S LASALLE, CHICAGO, IL, 60604
- Plan Type: 401(k)
- Total Participants: 437
- Total Assets: $25.9M
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 | 437 | $25.9M | $1.0M | $2.3M |
| 2023 | 439 | $23.6M | $1.2M | $2.4M |
| 2022 | 164 | $9.2M | $109,329 | $223,969 |
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 |
|---|---|---|---|---|
| WELLS FARGO CLEARING SERVICES LLC | ADVISOR | $30,000 | — | $30,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $26,838 | — | $26,838 |
| CLIFTONLARSONALLEN, LLP | ACCOUNTANT/AUDITOR | $15,581 | — | $15,581 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CLIFTONLARSONALLEN, LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,419
- Estimated Expense Ratio: 0.280% 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 | $76,293 | $33,874 | — | $15,581 | — |
| 2023 | $57,471 | $29,006 | — | — | — |
| 2022 | $50 | — | — | — | — |