Plan Snapshot
- Plan Sponsor: Kay Management Co., INC.
- Sponsor EIN: 520912952
- Sponsor Address: 8720 GEORGIA AVENUE, SUITE 410, SILVER SPRINGS, MD, 20910
- Plan Type: 401(k)
- Total Participants: 370
- Total Assets: $35.1M
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 | 370 | $35.1M | $1.9M | $1.1M |
| 2023 | 356 | $34.9M | $1.9M | $1.0M |
| 2022 | 354 | $31.7M | $1.8M | $947,999 |
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 |
|---|---|---|---|---|
| HARITON, MANCUSO & JONES, P.C. | Auditor | — | — | $0 |
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 | $99,198 | $34,247 | $39,484 | — | — |
| 2023 | $91,047 | $31,722 | $34,979 | — | — |
| 2022 | $122,843 | $33,439 | $49,845 | — | $39,559 |