Plan Snapshot
- Plan Sponsor: Kddi America, INC.
- Sponsor EIN: 133522662
- Sponsor Address: 7 TELEPORT DRIVE, STATEN ISLAND, NY, 10311
- Plan Type: 401(k)
- Total Participants: 216
- Total Assets: $36.1M
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 | 216 | $36.1M | $568,260 | $1.9M |
| 2023 | 222 | $31.0M | $581,532 | $1.7M |
| 2022 | 234 | $25.6M | $493,839 | $1.4M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | INVESTMENT/FINANCIAL ADVI | $116,996 | — | $116,996 |
| ADP, INC. | RECORD KEEPER | $5,719 | — | $5,719 |
| BORIS BENIC & ASSOCIATES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- BORIS BENIC & ASSOCIATES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $122,715
- Estimated Expense Ratio: 0.340% 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 | $122,716 | $116,996 | — | — | — |
| 2023 | $98,530 | $95,395 | — | — | — |
| 2022 | $113,700 | — | — | — | — |