Plan Snapshot
- Plan Sponsor: Kasai North America, INC.
- Sponsor EIN: 621292160
- Sponsor Address: 1225 GARRISON DRIVE, MURFREESBORO, TN, 37129
- Plan Type: 401(k)
- Total Participants: 2,339
- Total Assets: $55.7M
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 | 2,339 | $55.7M | $772,044 | $4.9M |
| 2023 | 2,149 | $50.7M | $660,862 | $4.7M |
| 2022 | 2,370 | $44.4M | $173,534 | $4.7M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $122,777 | — | $122,777 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MANAGEMENT | $120,916 | — | $120,916 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISOR | $106,964 | — | $106,964 |
| ARES RETIREMENT PLAN SERVICES LLC | CONTRACT ADMIN | $69,782 | — | $69,782 |
| MAULDIN & JENKINS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MAULDIN & JENKINS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $420,439
- Estimated Expense Ratio: 0.755% 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 | $420,439 | — | $420,439 | — | — |
| 2023 | $265,800 | — | $265,800 | — | — |
| 2022 | $306,886 | — | $306,886 | — | — |