Plan Snapshot
- Plan Sponsor: Kargo Global LLC
- Sponsor EIN: 542091498
- Sponsor Address: 826 BROADWAY, FLOOR 5, NEW YORK, NY, 10003
- Plan Type: 401(k)
- Total Participants: 382
- Total Assets: $29.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 382 | $29.4M | $1.5M | $3.4M |
| 2023 | 333 | $22.3M | $1.2M | $2.8M |
| 2022 | 271 | $15.7M | $850,125 | $2.1M |
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 |
|---|---|---|---|---|
| WITHUMSMITH & BROWN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH & BROWN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $108,927 | — | $61,107 | — | — |
| 2023 | $68,678 | — | $41,150 | — | — |
| 2022 | $52,114 | $21,145 | $30,969 | — | — |