Plan Snapshot
- Plan Sponsor: Kadiant, LLC
- Sponsor EIN: 833935694
- Sponsor Address: 850 TOWBIN AVE, LAKEWOOD, NJ, 08701
- Plan Type: 401(k)
- Total Participants: 2,008
- Total Assets: $9.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 2,008 | $9.9M | $58,753 | $1.4M |
| 2023 | 1,237 | $8.0M | $29,753 | $1.0M |
| 2022 | 589 | $8.3M | $407,236 | $1.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $68,057 | — | $68,057 |
| MERRILL LYNCH | INVESTMENT ADVISOR | $41,541 | — | $41,541 |
| ASCENSUS HOLDINGS DBA FUTUREPLAN | CONTRACT ADMIN | — | $23,192 | $23,192 |
| INTAC ACTUARIAL SERVICES | CONTRACT ADMIN | $8,831 | — | $8,831 |
| FASTEN HALBERSTAM LLP | AUDITOR | $7,500 | — | $7,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — INVESTMENT ADVISOR
- FASTEN HALBERSTAM LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $149,121
- Estimated Expense Ratio: 1.499% 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 | $117,166 | $114,196 | — | — | — |
| 2023 | $78,100 | $40,398 | — | — | — |
| 2022 | $95,344 | $1,553 | — | — | — |