Plan Snapshot
- Plan Sponsor: Kapnick And Company, INC. Dba Kapnick Insurance Group
- Sponsor EIN: 381902430
- Sponsor Address: 333 INDUSTRIAL DR., ADRIAN, MI, 49221
- Plan Type: 401(k)
- Total Participants: 222
- Total Assets: $41.2M
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 | 222 | $41.2M | $993,605 | $1.9M |
| 2023 | 192 | $34.6M | $1.0M | $1.5M |
| 2022 | 172 | $27.7M | $706,460 | $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 |
|---|---|---|---|---|
| TFO WEALTH PARTNERS LLC | ADVISOR | $102,642 | — | $102,642 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $39,048 | — | $39,048 |
| WILLIAM VAUGHAN COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TFO WEALTH PARTNERS LLC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- WILLIAM VAUGHAN COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $141,690
- Estimated Expense Ratio: 0.344% 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 | $141,690 | $102,642 | — | — | — |
| 2023 | $119,525 | $88,488 | — | — | — |
| 2022 | $127,833 | — | — | — | — |