Plan Snapshot
- Plan Sponsor: Kari-Out LLC
- Sponsor EIN: 844103793
- Sponsor Address: 520 WHITE PLAINS ROAD 6TH FLOOR, TARRYTOWN, NY, 10591
- Plan Type: 401(k)
- Total Participants: 458
- Total Assets: $19.0M
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 | 458 | $19.0M | $698,771 | $1.7M |
| 2023 | 471 | $15.9M | $859,555 | $1.5M |
| 2022 | 577 | $8.6M | $136,301 | $1.2M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL CORPORATION RPCP | INVESTMENT/FINANCIAL ADVI | $50,728 | — | $50,728 |
| ADP, INC. | RECORD KEEPER | $36,900 | — | $36,900 |
| HILL, BARTH, AND KING LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL CORPORATION RPCP — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- HILL, BARTH, AND KING LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $87,628
- Estimated Expense Ratio: 0.460% 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 | $87,626 | $50,726 | — | — | — |
| 2023 | $52,434 | $23,452 | — | — | — |
| 2022 | $14,231 | — | — | — | — |