Plan Snapshot
- Plan Sponsor: Kahn, Litwin, Renza & Co., Ltd.
- Sponsor EIN: 050409384
- Sponsor Address: 951 NORTH MAIN STREET, PROVIDENCE, RI, 02904
- Plan Type: 401(k)
- Total Participants: 275
- Total Assets: $50.6M
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 | 275 | $50.6M | $953,050 | $3.7M |
| 2023 | 287 | $41.9M | $713,562 | $3.4M |
| 2022 | 262 | $34.5M | $605,077 | $2.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVEST INST OPER CO INC | Recordkeeper | $67,452 | — | $67,452 |
| GLOBAL RETIREMENT PARTNERS LLC | Recordkeeper | $20,580 | — | $20,580 |
| THE ANGELL PENSION GROUP, INC. | Recordkeeper | $9,503 | — | $9,503 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVEST INST OPER CO INC — Recordkeeper
- GLOBAL RETIREMENT PARTNERS LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,535
- Estimated Expense Ratio: 0.193% 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 | $97,535 | — | — | — | — |
| 2023 | $72,242 | — | — | — | — |
| 2022 | $72,796 | — | — | — | — |