Plan Snapshot
- Plan Sponsor: Kearney-National, INC.
- Sponsor EIN: 362392007
- Sponsor Address: 2515 SOUTH ROAD, 5TH FLOOR, POUGHKEEPSIE, NY, 12601
- Plan Type: DB
- Total Participants: 149
- Total Assets: $10.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 149 | $10.7M | $0 | $0 |
| 2023 | 160 | $10.0M | $0 | $0 |
| 2022 | 186 | $8.9M | $350,000 | $0 |
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 | $61,314 | — | $61,314 |
| CHARLES SCHWAB BANK | NONE | $5,666 | — | $5,666 |
| 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 BANK — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,980
- Estimated Expense Ratio: 0.625% 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 | $66,980 | — | — | — | — |
| 2023 | $65,773 | — | — | — | — |
| 2022 | $56,418 | — | — | — | $56,418 |