Plan Snapshot
- Plan Sponsor: Kaseya Us, LLC
- Sponsor EIN: 460522543
- Sponsor Address: 701 BRICKELL AVENUE, SUITE 400, MIAMI, FL, 33131
- Plan Type: 401(k)
- Total Participants: 2,342
- Total Assets: $143.7M
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 | 2,342 | $143.7M | $0 | $13.7M |
| 2023 | 2,439 | $139.2M | $2,788 | $14.3M |
| 2022 | 1,285 | $28.9M | $89 | $4.8M |
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 |
|---|---|---|---|---|
| NEWPORT CAPITAL GROUP | ADVISOR | $302,943 | — | $302,943 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $109,434 | — | $109,434 |
| THOMPSON HINE | EMPLOYEE OF EMPLOYER | $61,537 | — | $61,537 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $21,243 | — | $21,243 |
| GRASSI & CO., CPAS, P.C. | Auditor | $4,675 | — | $4,675 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- THOMPSON HINE — EMPLOYEE OF EMPLOYER
- STRATEGIC ADVISORS, INC. — ADVISOR
- GRASSI & CO., CPAS, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $499,832
- Estimated Expense Ratio: 0.348% 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 | $499,832 | $324,186 | — | $4,675 | — |
| 2023 | $351,079 | $258,254 | — | — | — |
| 2022 | $92,089 | — | — | — | — |