Plan Snapshot
- Plan Sponsor: Kaleo, INC.
- Sponsor EIN: 264174212
- Sponsor Address: 111 VIRGINIA STREET, SUITE 300, RICHMOND, VA, 23219
- Plan Type: 401(k)
- Total Participants: 73
- Total Assets: $21.7M
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 | 73 | $21.7M | $632,908 | $1.7M |
| 2023 | 137 | $20.3M | $684,698 | $2.0M |
| 2022 | 170 | $18.2M | $827,941 | $2.4M |
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 |
|---|---|---|---|---|
| ONEDIGITAL | INVESTMENT ADVISOR | $53,631 | — | $53,631 |
| CHARLES SCHWAB TRUST BANK | CUSTODIAN | $9,538 | — | $9,538 |
| MVP PLAN ADMINISTRATORS, INC. | RECORDKEEPER | $7,351 | — | $7,351 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL — INVESTMENT ADVISOR
- CHARLES SCHWAB TRUST BANK — CUSTODIAN
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,520
- Estimated Expense Ratio: 0.326% 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 | $70,520 | $53,631 | — | — | — |
| 2023 | $63,634 | $47,040 | — | — | — |
| 2022 | $71,075 | $56,593 | $6,790 | — | — |