Plan Snapshot
- Plan Sponsor: Kearney-National INC.
- Sponsor EIN: 362392007
- Sponsor Address: 2515 SOUTH ROAD, 5TH FLOOR, POUGHKEEPSIE, NY, 12601
- Plan Type: 401(k)
- Total Participants: 485
- Total Assets: $27.5M
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 | 485 | $27.5M | $1.9M | $1.7M |
| 2023 | 446 | $24.1M | $1.8M | $1.6M |
| 2022 | 427 | $19.2M | $989,909 | $1.0M |
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 |
|---|---|---|---|---|
| MILLIMAN, INC. | NONE | $50,722 | — | $50,722 |
| CHARLES SCHWAB TRUST BANK | NONE | — | $20,761 | $20,761 |
| CITRIN COOPERMAN & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC. — NONE
- CHARLES SCHWAB TRUST BANK — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,483
- Estimated Expense Ratio: 0.260% 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 | $53,372 | $2,650 | — | — | — |
| 2023 | $42,738 | — | $42,738 | — | — |
| 2022 | $46,060 | — | — | — | $46,060 |