Plan Snapshot
- Plan Sponsor: Kaolin Mushroom Farms, INC.
- Sponsor EIN: 231612227
- Sponsor Address: 649 WEST SOUTH ST, KENNETT SQUARE, PA, 19348
- Plan Type: 401(k)
- Total Participants: 529
- Total Assets: $18.2M
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 | 529 | $18.2M | $617,360 | $1.6M |
| 2023 | 522 | $14.1M | $702,873 | $1.5M |
| 2022 | 520 | $11.9M | $587,169 | $1.4M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $57,327 | — | $57,327 |
| VALLEY FORGE INVESTMENT CONSULTANTS | INVESTMENT ADVISOR | $48,332 | — | $48,332 |
| WHISMAN GIORDANO & ASSOCIATES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WHISMAN GIORDANO & ASSOCIATES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,659
- Estimated Expense Ratio: 0.582% 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 | $105,659 | $48,332 | — | — | — |
| 2023 | $83,074 | $36,074 | — | — | — |
| 2022 | $69,223 | $29,294 | $39,929 | — | — |