Plan Snapshot
- Plan Sponsor: Karl'S Tv & Appliance INC.
- Sponsor EIN: 460307274
- Sponsor Address: 605 MAIN STREET, GREGORY, SD, 575331434
- Plan Type: 401(k)
- Total Participants: 380
- Total Assets: $5.6M
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 | 380 | $5.6M | $0 | $463,902 |
| 2023 | 375 | $5.6M | $0 | $471,198 |
| 2022 | 383 | $5.0M | $0 | $512,830 |
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 |
|---|---|---|---|---|
| EIDE BAILLY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY, LLP — 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 | $38,019 | $11,122 | — | — | — |
| 2023 | $35,689 | $10,446 | — | — | — |
| 2022 | $34,855 | $8,041 | — | — | $26,814 |