Plan Snapshot
- Plan Sponsor: Kelp Holding, INC.
- Sponsor EIN: 461746543
- Sponsor Address: PO BOX 53, WHITEDEER, TX, 79097
- Plan Type: DC
- Total Participants: 335
- Total Assets: $6.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 335 | $6.1M | $280,468 | $520,791 |
| 2023 | 229 | $5.0M | $223,810 | $376,143 |
| 2022 | 130 | $3.4M | $240,261 | $401,731 |
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 |
|---|---|---|---|---|
| STUART, MARTIN, DUDLEY & WEBB, PC | 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 | $1,655 | — | — | — | — |
| 2023 | $2,325 | — | — | — | — |
| 2022 | $2,295 | — | $2,295 | — | — |