Plan Snapshot
- Plan Sponsor: Kai Ming, INC.
- Sponsor EIN: 510137847
- Sponsor Address: 933 HOWARD STREET, SAN FRANCISCO, CA, 94103
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 170
- Total Assets: $21.6M
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 | 170 | $21.6M | $1.7M | $1.1M |
| 2023 | 162 | $17.5M | $1.9M | $1.0M |
| 2022 | 152 | $12.8M | $1.6M | $778,512 |
| 2020 | 114 | $9.1M | $800,139 | $469,938 |
| 2019 | 119 | $6.3M | $811,352 | $366,408 |
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 |
|---|---|---|---|---|
| HARSHWAL & COMPANY, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $3,509 | — | — | — | — |
| 2023 | $1,131 | — | $1,131 | — | — |
| 2022 | — | — | — | — | — |
| 2020 | $698 | — | $698 | — | — |
| 2019 | — | — | — | — | — |