Plan Snapshot
- Plan Sponsor: Kbc Nursing Agency, INC.
- Sponsor EIN: 522287709
- Sponsor Address: 7506 GEORGIA AVENUE, NW, WASHINGTON, DC, 20012
- Plan Type: 401(k)
- Total Participants: 342
- Total Assets: $1.3M
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 | 342 | $1.3M | $0 | $253,204 |
| 2023 | 378 | $1.0M | $0 | $390,331 |
| 2022 | 311 | $564,586 | $0 | $318,842 |
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 |
|---|---|---|---|---|
| PEMMASANI, LLC | 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 | $35,416 | — | $35,416 | — | — |
| 2023 | $26,154 | — | $26,154 | — | — |
| 2022 | $18,302 | — | $18,302 | — | — |