Plan Snapshot
- Plan Sponsor: Kay And Associates, INC.
- Sponsor EIN: 362432478
- Sponsor Address: 165 N ARLINGTON HEIGHTS ROAD SUITE, BUFFALO GROVE, IL, 60089
- Plan Type: 401(k)
- Total Participants: 1,368
- Total Assets: $23.1M
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 | 1,368 | $23.1M | $1.6M | $2.7M |
| 2023 | 1,110 | $18.0M | $1.1M | $2.2M |
| 2022 | 1,016 | $13.7M | $772,097 | $1.8M |
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 |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT PLAN SVCS. | RECORDKEEPER | $78,965 | — | $78,965 |
| EDWARD JONES | INVESTMENT ADVISOR | $46,278 | — | $46,278 |
| CDH CPA, PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,243
- Estimated Expense Ratio: 0.542% 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 | $125,243 | $46,278 | — | — | — |
| 2023 | $142,143 | $36,086 | — | — | — |
| 2022 | $121,032 | — | $121,032 | — | — |