# Kastle Systems International LLC 401(k) Plan
Source: https://planprovider.pro/companies/kastle-systems-international-llc-401k-plan

> Kastle Systems International LLC&#39;s 401(k) plan: 703 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Kastle Systems International LLC

- **Sponsor EIN:** 542026653

- **Sponsor Address:** 6402 ARLINGTON BLVD, FALLS CHURCH, VA, 220422356

- **Plan Type:** 401(k)

- **Total Participants:** 703

- **Total Assets:** $49.2M

## 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|703|$49.2M|$0|$4.6M|

| 2023|729|$42.5M|$0|$4.5M|

| 2022|797|$36.4M|$332,500|$4.3M|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$159,621|—|$159,621|

| WELLS FARGO ADVISORS FIN NETWORK|INVESTMENT ADVISORY|—|$67,441|$67,441|

| CARR, RIGGS & INGRAM, LLC|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $227,062

- **Estimated Expense Ratio:** 0.461% 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|$159,621|—|$159,621|—|—|

| 2023|$150,644|—|$150,644|—|—|

| 2022|$153,432|—|$138,032|—|$15,400|

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