Plan Snapshot
- Plan Sponsor: Kaizen Auto Care, LLC
- Sponsor EIN: 464597239
- Sponsor Address: 1405 N HAYDEN RD,, SCOTTSDALE, AZ, 85257
- Plan Type: 401(k)
- Total Participants: 481
- Total Assets: $7.0M
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 | 481 | $7.0M | $729,163 | $1.2M |
| 2023 | 574 | $5.2M | $785,701 | $1.3M |
| 2022 | 479 | $2.3M | $444,456 | $752,719 |
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 | Recordkeeper | $90,084 | — | $90,084 |
| CETERA INVESTMENT ADVISERS LLC | Investment Advisor | — | $15,933 | $15,933 |
| CETERA RETIREMENT PLAN SPECIALISTS | Recordkeeper | $13,569 | $37 | $13,606 |
| CETERA ADVISORS LLC | Investment Advisor | — | $12,855 | $12,855 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $132,478
- Estimated Expense Ratio: 1.895% 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 | $103,653 | — | $103,653 | — | — |
| 2023 | $67,676 | $67,676 | — | — | — |
| 2022 | $15,788 | $15,788 | — | — | — |