Plan Snapshot
- Plan Sponsor: Karen Kane, INC.
- Sponsor EIN: 953579007
- Sponsor Address: 2275 EAST 37TH STREET, VERNON, CA, 90058
- Plan Type: 401(k)
- Total Participants: 111
- Total Assets: $8.1M
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 | 111 | $8.1M | $56,782 | $357,233 |
| 2023 | 123 | $7.4M | $47,695 | $375,080 |
| 2022 | 130 | $8.6M | $58,865 | $376,849 |
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 |
|---|---|---|---|---|
| LEE CPA AUDIT GROUP | Auditor | $4,009 | — | $4,009 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEE CPA AUDIT GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,009
- Estimated Expense Ratio: 0.049% 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 | $19,415 | $3,762 | $5,390 | $4,009 | — |
| 2023 | $100,551 | $4,100 | — | — | — |
| 2022 | $141,546 | $19,611 | — | — | — |